Mike Wheatley
Latest from Mike Wheatley
Oracle Autonomous Data Warehouse release brings machine learning to the masses
Database giant Oracle Corp. announced a new release of its cloud-based Autonomous Data Warehouse service today, adding new capabilities that analysts say will help democratize machine learning. Overall, the release transforms Oracle Autonomous Data Warehouse from a complex ecosystem of products into an “intuitive point-and-click, drag-and-drop experience” for data analysts and business users alike, the company ...
AI model optimization startup OctoML raises $28M Series B round
Machine learning acceleration startup OctoML Inc. has secured yet more funding with a new $28 million round that brings its total amount raised to $47 million. Today’s Series B round was led by Addition, with participation from existing investors Madrona Venture Group and Amplify Partners. It follows a $15 million Series A round in March ...
Dell debuts refreshed PowerEdge server line based on AMD’s new EPYC processors
Hot on the heels of the Monday launch of Advanced Micro Devices Inc.’s new, third-generation “Milan” EPYC 7003 processors for data center servers, Dell Technologies Inc. today announced a refreshed line of Dell EMC PowerEdge servers based on those new chips. The new Dell EMC PowerEdge servers will enable adaptive compute capabilities in a broad ...
Amazon Web Services debuts new Graviton-powered EC2 computing instances
Amazon Web Services Inc. is adding to its family of Graviton-powered EC2 instances that serve as workhorses for high-performance computing demands. Announced today, the new Amazon Elastic Compute Cloud (EC2) X2gd instances are said to pack twice as much memory per virtual CPU as Amazon’s older, memory-optimized R6g instances. That makes them ideal for “memory-hungry ...
PatSnap lands $300M late-stage round for AI-based innovation intelligence platform
A self-styled “innovation intelligence” platform provider called PatSnap Ltd. is looking to capitalize on enterprises’ unquenchable thirst for artificial intelligence-powered analytics and insights after closing on a huge $300 million round of funding. SoftBank Group Corp.’s Vision Fund 2 and Tencent Investment led the Series E round, which also saw the participation of existing investors CITIC ...
Tonkean revamps its no-code business process orchestration platform
No-code business process automation startup Tokean Inc. today announced a major revamp of its platform that it says will enable a new enterprise model for rapid, cross-functional solution delivery while also providing a structure for enterprisewide governance. Founded in 2015, Tonkean sells a robotic automation platform that’s often pitched as an operating system for business operations. Its standout ...
Baidu’s AI chip business Kunlun valued at $2B after new funding round
Chinese search engine giant Baidu Inc. said Monday that its Kunlun artificial intelligence chip business has closed on a funding round that takes its value to about $2 billion. Reuters reported Sunday that Chinese private equity firm CITIC Private Equity Funds Management led the round, with participation from IDG Capital, Legend Capital and an industry fund ...
Automation Anywhere lands Google Cloud as preferred robotic process automation partner
Robotic process automation company Automation Anywhere Inc. said today it’s bringing its main RPA offering to Google LLC’s public cloud platform as part of a wider collaboration in which the two firms will work together to create new products for their joint customers. In addition, Automation Anywhere will work with Google to bring its RPA ...
Linux software giant SUSE files for an IPO in Europe
Open-source enterprise software company SUSE Group is readying itself for an initial public offering in Europe in the summer as it seeks new backing to try to achieve its ambitious revenue goals. The IPO, which has been in the works for some time, could be worth as much as 7 billion to 8 billion euros ...
Thanks to COVID-19, DocuSign breezes past earnings and revenue targets
Electronic signature company DocuSign Inc. can be thankful to the COVID-19 pandemic for helping it smash its earnings and revenue targets once again. The company today reported a fiscal fourth-quarter profit before certain costs such as stock compensation of 37 cents per share on revenue of $430.9 million, up 57% from the same period a year ...