Mike Wheatley
Latest from Mike Wheatley
Dell delivers record second-quarter results on strong commercial PC sales growth
Strong personal computer sales growth helped Dell Technologies Inc. to deliver a record second-quarter performance, the company said today. Dell reported a profit before certain costs such as stock compensation of $2.24 per share on revenue of $26.12 billion, up 15% from a year ago. That was way better than expected, with Wall Street modeling a ...
Iterate.ai’s Signals platform lets businesses assess viability of new technologies
Iterate Studio Inc., best known for its low-code software development tools, today is getting into tech discovery to help companies find new platforms that can help them achieve their business goals. Iterate.ai’s Signals platform tracks and auto-analyzes more than 10 million emerging technologies in real time. It can be thought of as a kind of ...
Splunk’s cloud shift quickens pace as earnings beat expectations
Data analytics firm Splunk Inc. beat expectations on earnings and revenue today and its outlook for the next quarter was just above consensus, sending its stock up almost 2% in extended trading. The company reported a second-quarter loss before certain costs such as stock compensation of 62 cents per share on revenue of $606 million, ...
Strong cloud services growth helps Pure Storage and NetApp beat expectations
Data storage rivals Pure Storage Inc. and NetApp Inc. reported financial results that beat expectations, sending their stocks higher in after-hours trading today. The star of the show was Pure Storage, which reported a second-quarter loss before certain costs such as stock compensation of 16 cents per share on revenue of $496.8 million, up 23% ...
Snowflake’s stock gains after-hours despite mixed earnings report
Snowflake Inc.’s stock gained in extended trading today as it raised its full-year product revenue outlook following a mixed second-quarter earnings report. The company reported a loss before certain costs such as stock compensation of 64 cents per share on revenue of $272.2 million, up 103% from a year ago, which shows its business is ...
Quantum Brilliance gets $9.7M seed funding to accelerate quantum accelerators
Quantum Brilliance GmbH, an Australian-German startup that’s aiming to transforming quantum computing using synthetic diamond accelerators, has just closed on a $9.7 million seed funding round. Main Sequence Ventures and QxBranch Inc.’s founders’ investment consortium co-led today’s round, which also saw participation from CP Ventures, Investible, Jelix Ventures, MA Financial Group Venture Fund, R3I Ventures ...
Nvidia-powered Polaris supercomputer to usher in a new era of ‘exascale’ AI
Nvidia Corp. is helping the U.S. Department of Energy’s Argonne National Laboratory build another incredibly powerful supercomputer, it announced today. The Polaris supercomputer (pictured) is said to be the DOE’s largest graphics processing unit-based machine so far. It’ll be hosted at the Argonne Leadership Computing Facility, where it will aid research and discovery with extreme ...
Samsung plans $205B investment in strategic industries, including semiconductors
Samsung Electronics Ltd. said Tuesday it’s planning to invest 240 trillion won, or about $205 billion, into its businesses over the next three years as part of an effort to become a global leader in what it calls “strategically important industries.” The company said those industries include semiconductors, the importance of which is only too ...
Tango gets $5.7M seed funding to automate creation of process documentation
Workflow intelligence startup Tango Technology Inc. is hoping to transform process documentation for sales teams and create more opportunities for collaboration after landing $5.7 million in a seed funding round. Wing Venture Capital led the round, which also saw participation from General Catalyst, Global Silicon Valley, Outsiders Fund and Red Sea Ventures. Angel investors Michael ...
Nvidia’s partnership with VMware aims to enable AI across enterprise for every workload
Nvidia Corp.’s year-long collaboration with VMware Inc. is finally bearing fruit with today’s general launch of the new Nvidia AI Enterprise platform, a suite of artificial intelligence tools and frameworks that make it possible to virtualize AI workloads and run them on Nvidia-certified server systems. Nvidia AI Enterprise will make it possible for companies to ...