Mike Wheatley
Latest from Mike Wheatley
Antioch lands $4.25M in preseed funding to accelerate autonomous robot testing with digital twins
Robotics software testing startup Antioch Inc. says it’s going to make science fiction a reality after raising $4.25 million in a preseed funding today. Antioch was founded earlier this year by a team of Stanford University alumni that has firsthand experience of the difficulties of testing autonomous software for robotics systems. Advances in AI promise ...
HPE misses revenue targets as AI server sales slide on customer delays
Hewlett Packard Enterprise Co. is taking on more big business and government customers as it tries to grow its presence in the artificial intelligence server segment, but that strategy has temporarily hurt its sales, it said today as it delivered its latest financial results. The company reported fourth-quarter earnings before certain costs such as stock ...
Prophecy accelerates data pipeline construction with quick-start AI agents
Agentic data preparation startup Prophecy Inc. today announced a new “rapid deployment option” for companies that need to get new data pipelines up and running for their most urgent and critical new projects. The company said Enterprise Express is aimed at companies with smaller teams that are looking to deliver a clear return on investment ...
UiPath beats expectations as it doubles down on agentic AI orchestration
Business automation software company UiPath Inc. beat expectations for its third-quarter financial results today and followed up with strong guidance for the current quarter. The company reported adjusted earnings of 16 cents per share, just edging past Wall Street’s consensus estimate of 15 cents, while revenue rose 16%, to $411.1 million, crushing the analysts’ forecast ...
Snowflake’s stock slips on slowing sales as it expands Anthropic deal
Snowflake Inc. beat analysts’ expectations on earnings and revenue in its third quarter, offered solid guidance and struck a new multiyear deal with Anthropic PBC, but its stock plunged in extended trading after the results failed to meet the lofty bar of some investors. The data management software giant reported earnings before certain costs such ...
Salesforce’s AI bets gain momentum, but overall growth remains sluggish
Salesforce Inc. delivered mixed financial results and mixed guidance for the coming quarter, but its stock moved higher in late trading thanks to some encouraging progress from its agentic artificial intelligence initiatives. The company reported third-quarter earnings before certain costs such as stock compensation of $3.25 per share, crushing the analyst consensus estimate of just ...
AWS simplifies AI agent customization with automated reinforcement learning
Amazon Web Services Inc. wants to solve the efficiency challenges of artificial intelligence agents and reduce their overall inference demands, and it’s tackling the problem with more advanced model customization tools. The company announced today at its annual customer conference AWS re:Invent that it’s introducing a new Reinforcement Fine Tuning or RFT feature in Amazon Bedrock, ...
AI startup Vambe raises $14M to automate conversational commerce
Vambe AI Inc., the creator of a conversational business-to-consumer commerce platform that automates sales operations and customer support, said today it has raised $14 million in an early-stage funding. The Series A round was led by Monashees and saw participation from a host of other investors, including Cathay Latam, Atlantico, Tekton Ventures, Chile Ventures, SkyDeck ...
Marvell bets big on optical interconnects, buying Celestial AI for up to $5.5B
Chipmaker Marvell Technology Inc. said today it has agreed to acquire a networking startup called Celestial AI Inc. that’s developing optical interconnect technology to enable more rapid data center communications. The deal will see Marvell fork out at least $3.25 billion in cash and stock, and potentially up to $5.5 billion if it hits agreed ...
Shares of Pure Storage sink after earnings results fail to impress
Flash storage pioneer Pure Storage Inc. raised its full-year guidance today, but its stock fell hard in late trading after it failed to beat the market’s expectations in its latest quarterly earnings results. The company reported third-quarter earnings before certain costs such as stock compensation of 58 cents per share, matching the analysts’ consensus estimate. ...