Mike Wheatley
Latest from Mike Wheatley
Shares of Pure Storage jump on impressive earnings beat and strong guidance
Shares of the data center hardware company Pure Storage Inc. flew into orbit today after it posted third-quarter financial results that breezed past analyst expectations and offered strong guidance for the current quarter. The company reported third-quarter earnings before certain costs such as stock compensation of 50 cents per share, easily beating Wall Street’s target ...
AWS transforms Amazon SageMaker into a single platform for AI and data analytics
Amazon Web Services Inc.’s popular neural network development platform Amazon SageMaker is getting a major refresh, with a host of new capabilities that will support the integration of faster structured query language analytics, petabyte-scale data processing and more besides. The new updates, announced at the annual AWS extravaganza re:Invent, are designed to transform Amazon SageMaker ...
Amazon Bedrock gets better safeguards and ability to orchestrate multiple AI agents
Cloud computing giant Amazon Web Services Inc. is looking to cement Amazon Bedrock’s status as one of the most popular platforms for artificial intelligence developers, enhancing its capabilities in a number of new ways. At AWS re:Invent today, the company announced multiple updates to the platform that it says will help to prevent AI applications from ...
Clarifai’s new AI compute orchestration platform spans every cloud and private data center environment
Intelligent application development startup Clarifai Inc. said today it’s expanding its artificial intelligence compute capabilities with the launch of a new compute orchestration platform that spans every public cloud and on-premises server. The new capabilities are all about helping organizations boost the performance of their AI applications and optimize spending to get more bang for ...
Database company Weaviate speeds up AI development with flexible vector embeddings service
Dutch artificial intelligence database startup Weaviate B.V. is looking to streamline the data vectorization process with a new feature that automatically transforms unstructured information into vector embeddings. Announced today and available now, Weaviate Embeddings is an open-source tool with pay-as-you-go pricing that promises to accelerate the process of preparing unstructured data for AI applications. The ...
AWS integrates liquid cooling and simplifies electrical distribution to lower data center power consumption
Amazon Web Services Inc. said today at its annual re:Invent conference that it’s making some major changes to its cloud computing infrastructure. Among other things, it’s introducing a new liquid cooling system and simplifying the way electricity is distributed throughout its facilities. The cloud computing giant said the updates help to make its infrastructure services ...
Couchbase introduces Capella AI services for AI agent design and deployment
Database company Couchbase Inc. is looking to support the development of artificial intelligence-powered agents with the addition of Capella AI Services to its flagship cloud data platform, Couchbase Capella. Announced today, the Capella AI Services are supposed to help companies address some of the most pressing challenges they face during AI development and deployment. AI ...
Elon Musk tries to block OpenAI’s for-profit transition in latest legal tussle
Technology entrepreneur Elon Musk has filed an injunction with a federal court, asking it to stop OpenAI from transforming itself into a fully for-profit business. In the filing for a preliminary injunction Nov. 29, Musk, along with his artificial intelligence startup xAI Corp. and former OpenAI board member Shivon Zillis, is also seeking to stop ...
Workday’s guidance falls just short of analysts’ expectations, stock gets hammered
Disappointing guidance for the current quarter weighed heavily on Workday Inc.’s stock, which fell sharply in after-hours trading today, even though the company beat forecasts with strong third-quarter results. Workday reported earnings before certain costs such as stock compensation of $1.89 per share, easily beating the Street’s forecast of $1.76, while revenue increased by a ...
HP’s stock sinks on lower guidance, despite optimism in the PC market
HP Inc. delivered mixed financial results in its final quarter of fiscal 2024, and followed up with weak guidance for the current period. Investors recoiled, and the company’s stock tumbled more than 7% in extended trading. The personal computer and printer manufacturer delivered fourth-quarter earnings of 93 cents per share, exactly in line with Wall ...
