Mike Wheatley
Latest from Mike Wheatley
Nvidia easily beats expectations as data center chip sales grow 55%
Computer graphics chipmaker Nvidia Corp. posted strong third-quarter results that topped Wall Street’s expectations today, driven by record sales of chips for data centers, especially those designed for artificial intelligence workloads. The company also offered bullish guidance for the current quarter, sending its stock higher in extended trading. Nvidia reported a profit before certain costs ...
Cisco misses revenue targets and its stock slides
Cisco Systems Inc. endured a rough ride in after-hours trading today as its stock lost more than 6% of its value after the networking giant reported mixed first-quarter financial results and offered lower-than-expected guidance for the current quarter. Cisco reported a profit before certain costs such as stock compensation of 82 cents per share on revenue ...
Public cloud data protection startup Laminar exits stealth and closes on $32M funding
Cloud data protection startup Laminar Ltd. exited stealth mode today after closing on a new $32 million round of funding. The company says it’s on a mission to prevent data leakage from everything that enterprises build and run in the public cloud. Today’s Series A round was led by Insight Partners and also saw participation from ...
With $105M in new funding, Jamstack creator Netlify buys GraphQL startup OneGraph
Netlify Inc., creator of the automated web development platform Jamstack, announced today it has raised $105 million in a late-stage round of funding, bringing its total amount raised to $212 million to date. The news came as the company revealed it has acquired OneGraph Inc., which sells a GraphQL platform that simplifies the integration and ...
Container monitoring tool Prometheus now runs more efficiently in low-resource environments
The developers of the popular Prometheus monitoring tool announced a new operating mode for the software today that’s designed to run more efficiently in low-resource environments such as edge networks and “internet of things” deployments. Prometheus is a popular open-source tool that’s used to monitor software containers managed with Kubernetes. Developers use containers to host ...
Zuora’s newest product enables real-time revenue reconciliation
Cloud subscription software company Zuora Inc. is betting on the need for real-time revenue management with its latest offering. The Real-Time Revenue product for Zuora Revenue announced today enables businesses an automatic way to recognize, then reconcile and analyze their incoming revenue with high accuracy. As a result, companies can close the books on a ...
Dell debuts new validated systems for high-performance computer-aided design
Dell Technologies Inc. is revving up its computer-aided engineering and design offerings to help customers tackle modeling- and simulation-intensive computing workloads. Today’s offerings include new and updated Validated Designs for Manufacturing that have already been put to use by the Formula One racing team McLaren Racing Ltd., as well as more accelerator options for Dell ...
Fortanix’s latest offering makes highly sensitive data available for AI model training
Startup Fortanix Inc. has announced the first full-fledged service on its confidential computing platform, giving companies an easier way to improve the quality and accuracy of artificial intelligence models and keep them secure. Fortanix Confidential AI helps companies and organizations in privacy-sensitive industries such as financial services and healthcare to safely use private data to ...
Rackspace racks up solid earnings results and its stock rises
Rackspace Technology Inc. beat expectations as it delivered its third-quarter financial results today and offered guidance for the next period that was in line with forecasts. Third-quarter bookings fell year-over-year, though executives said the cloud services firm had landed a large, competitive deal early in the fourth quarter that promises to make up for it. ...
Nvidia-powered supercomputers advance COVID drug discovery and atomic simulations
Supercomputers built using Nvidia Corp.’s most advanced platforms are leading the fight against the coronavirus pandemic, helping researchers gain more insights into the nature of the SARS-CoV-2 virus and creating new artificial intelligence models to accelerate drug discovery. Nvidia revealed today how a team led by Arvind Ramanathan, a computational biologist at the Argonne National ...