Mike Wheatley
Latest from Mike Wheatley
Expensify’s stock pops, rising 47% on strong public debut
Expense management platform Expensify Inc. enjoyed a strong public debut today, its stock rising almost 47% to value the company at about $3.87 billion and adding its name to a growing list of tech firms cashing in on the market’s appetite for tech startups. The company’s shares opened at $39.75 after it sold 9.73 million ...
Ambitious enterprise automation firm Workato nets $200M in late-stage funding
Enterprise automation company Workato Inc. today announced its second big raise of the year, closing on a $200 million round of funding that brings its total amount of capital raised to $420 million. Battery Ventures led the Series E round with equal participation from Insight Partners, Altimeter Capital and Tiger Global. Others, including Geodesic Capital ...
Google’s Project Relate aims to help people with speech impairments communicate more easily
Google LLC is asking for help in developing and testing a new app that it says will be able to help people with speech impairments communicate with others more easily. The app is called Project Relate, and Google is asking for an initial group of beta testers to help improve its accuracy. In a presentation ...
RingCentral’s stock jumps as it posts solid earnings beat
Shares of business communications platform RingCentral Inc. burst out of the gate today following a strong third quarter earnings beat and bullish guidance for the next quarter. The company reported a profit before certain costs such as stock compensation of 36 cents per share on revenue of $415 million, rising 37% from a year ago. That ...
Cisco extends ThousandEyes monitoring to improve SaaS application visibility
Networking giant Cisco Systems Inc. is extending its visibility tools to hundreds of thousands of software-as-a-service applications across the internet. The company announced a new capability in Cisco ThousandEyes at its Partner Summit conference today called Application Outages, which provides insights into thousands of popular SaaS apps on a global scale. ThousandEyes is a network ...
Nvidia accelerates high-performance computing with new Quantum-2 network platform
Nvidia Corp. is pushing high-performance computing into overdrive with the next generation of its InfiniBand networking platform, Nvidia Quantum-2. Announced today at Nvidia’s GTC 2021 event, Nvidia Quantum-2 (pictured) is a 400-gigabytes-per-second InfiniBand networking platform that incorporates an entirely new Nvidia Quantum-2 switch, the ConnectX-7 network adapter, as well as its upcoming BlueField-3 data processing ...
Nvidia brings highly realistic, walking, talking AI avatars to its Omniverse design tool
Nvidia Corp. is expanding its hyper-realistic graphics collaboration platform and ecosystem Nvidia Omniverse with a new tool for generating interactive artificial intelligence avatars. The company also announced a new synthetic data-generation engine that can generate physically simulated synthetic data for training deep neural networks. The new capabilities, announced at Nvidia GTC 2021 today, are designed to ...
Nvidia’s new autonomous driving system can park safely and create real-time maps
Nvidia Corp. has unveiled what it claims is a production-ready autonomous vehicle platform powered by a combination of sensors, its Ampere graphics processing units and its Drive Orin system-on-a-chip, plus a unique mapping technology platform. Nvidia Drive Hyperion 8 was announced today at Nvidia GTC 2021, and is said to be designed with safety in ...
Nvidia beefs up its AI inference software with model optimization and other enhancements
Nvidia Corp. is pushing back against rivals trying to steal its crown in the artificial intelligence market with a number of updates that should provide a big boost to the processing power, speed and flexibility of its inference software. Today’s updates, announced at Nvidia’s GTC 2021 developer conference, include new capabilities within the Nvidia Triton ...
Beating forecasts, New Relic says it’s ready to grow again, and its stock jumps
Observability company New Relic Inc. made impressive gains today, its stock rising more than 18% in after-hours trading today after beating Wall Street’s targets and posting strong guidance in its latest financial results. The company reported a second-quarter loss before certain costs such as stock compensation of 10 cents per share on revenue of $196 ...