Mike Wheatley
Latest from Mike Wheatley
Aidoc creates operating system to orchestrate and scale up AI in healthcare
Artificial intelligence-powered medical imaging analysis startup Aidoc Medical Ltd. believes it can play a key role in helping hospitals implement their AI strategies with today’s launch of what it says is the first AI Operating System for the healthcare industry. The new platform is designed to enable the clinical use of AI applications at scale ...
Samsung to build its second U.S. chip fab in Texas
Samsung Electronics Co. Ltd. has said it will build its second U.S. computer chip manufacturing plant in Taylor, Texas. The $17 billion plant will make advanced semiconductors that can be used to power smartphones, 5G and artificial intelligence workloads. It’s expected to create 2,000 new high-tech jobs in the state. Construction is set to begin in ...
Nutanix and Pure Storage beat expectations on strong infrastructure demand
Data center infrastructure firms Nutanix Inc. and Pure Storage Inc. reported strong earnings results today, benefiting from rising demand fueled by ongoing digital transformation efforts and post-pandemic economic growth. Nutanix delivered both earnings and revenue that topped Wall Street’s expectations and followed up with strong guidance for the current quarter and full year. The company ...
Dell delivers record revenue on PC and data center strength
Dell Technologies Inc. delivered the best third-quarter performance in its history today, benefiting from strong demand for personal computers and data center infrastructure. The company reported a profit before certain costs such as stock compensation of $2.015 billion, or $2.37 per share, up 18% from a year ago. Revenue came to $28.4 billion, up 21%. ...
Crate.io debuts CrateOM to deliver instant insights on factory floors
Crate.io Inc. believes it has found a way to deliver more insights to customers using its database at the edge. The creator of CrateDB today announced the launch of CrateOM, a new service that’s designed to work alongside its flagship database and transform so-called process data into actionable insights that can be put to use ...
AI chatbot startup Kore.ai extends Series C funding round with backing from Nvidia
Conversational artificial intelligence startup Kore.ai Inc. said today it has extended its Series C funding round to $73.5 million following a further investment from Nvidia Corp. The company had originally raised $50 million in the round, which was announced in September and led by Vistara Growth and PNC. So the implication is that Kore.ai has ...
Zoom’s stock falls despite strong revenue and customer growth
Video call software firm Zoom Video Communications Inc. posted another strong earnings report today, thanks to its expanding customer base. The company also offered healthy guidance for the next three-month period, but it wasn’t enough to satisfy investors, as its stock fell more than 6% in extended trading. The company reported a profit before certain costs ...
Red Hat OpenShift Data Science aims for more open approach to machine learning development
Linux company Red Hat Inc. is trying to encourage more people to create their machine learning models on its OpenShift platform with the launch of its new Red Hat OpenShift Data Science service today. Red Hat OpenShift is a Kubernetes platform that helps companies orchestrate large clusters of software containers that host the components of modern ...
VMware brings its Cross-Cloud services for multicloud app development to AWS
Computing virtualization software firm VMware Inc. is pushing harder into multicloud with the expanded availability today of its Cross-Cloud services via Amazon Web Services Inc.’s cloud marketplace. VMware launched its Cross-Cloud services at last month’s VMWorld 2021 conference. VMware Cross-Cloud is a group of integrated services including the VMware Tanzu application modernization tools and Carbon Black ...
With strong earnings, Palo Alto Networks offers bullish guidance for the rest of the year
Network management and security firm Palo Alto Networks Inc. delivered solid fiscal first-quarter financial results today, beating expectations on profit and meeting them on sales while upping its fiscal 2022 guidance. The company reported a profit before certain costs such as stock compensation of $1.64 per share. Revenue came to $1.2 billion, up 32% from ...