Mike Wheatley
Latest from Mike Wheatley
Cloudera’s AI-in-a-Box gives enterprises a new way to build private AI
With a trio of new services today, big-data company Cloudera Inc. says it’s striving to help enterprises access their structured and unstructured information more easily to power their artificial intelligence workloads. The first is a novel “AI-in-a-Box” offering delivered in partnership with Dell Technologies Inc. that gives enterprises a simple solution for storing and accessing ...
Asana targets collaboration, not automation, as its AI teammates launch in beta
Work management company Asana Inc. has spent over a year developing its long-awaited “AI Teammates” that promise to dramatically accelerate the productivity of enterprise workers, and they’re finally rolling out in beta test. In an announcement today, Asana said that its artificial intelligence-based teammates come with a deep contextual understanding of each employee’s work processes ...
Report: Intel in talks with Apple over potential investment and chip manufacturing deal
Intel Corp. has reportedly gone cap in hand to Apple Inc. to ask the iPhone maker to consider investing in its struggling chipmaking business, just days after securing a $5 billion commitment from Nvidia Corp. As part of the investment talks, Intel and Apple officials have reportedly discussed ways in which they can cooperate more ...
Greptile bags $25M in funding to take on CodeRabbit and Graphite in AI code validation
Greptile, a startup that’s building artificial intelligence-based code reviewers to validate human- and AI-generated software, has raised $25 million in an early-stage round of funding as it looks to keep pace with its rivals. Today’s Series A round was led by Benchmark Capital and saw participation from existing investors Y Combinator, Initialized Capital and the ...
Micron beats expectations again on soaring AI memory chip demand
Memory chipmaker Micron Technology Inc. reported strong fourth-quarter earnings and revenue today and followed with guidance that came in well ahead of expectations, sending its stock higher in extended trading. The company reported earnings before certain costs such as stock compensation of $3.03 per share, cruising past Wall Street’s target of $2.86 per share, and ...
Enterprise AI consultancy Distyl AI’s valuation soars to $1.8B after bumper funding round
Artificial intelligence startup Distyl AI Inc. is growing its reputation as an AI consultancy that delivers rapid, real results for enterprises after closing on a bumper $175 million funding round at a $1.8 billion unicorn valuation today. The round was led by Lightspeed and Khosla Ventures and saw the participation of Coatue, Dell Technologies Capital ...
Trump administration imposes $100K annual fee on H-1B visas, sparking criticism and panic
President Donald Trump signed an executive order on Friday mandating a $100,000 application fee for “highly-skilled” foreign workers entering the country on HB-1 visas, causing panic and confusion as companies urged traveling employees to race back to the U.S. before the ruling goes into effect. The H-1B work visa is typically used by technology companies ...
Netskope’s stock gains 18% following IPO that raised $908M
Netskope Inc.’s life as a publicly traded company got off to a great start today as its stock soared more than 18%, closing at $22.49 per share, down slightly from an intraday peak of $24.40. Its impressive stock market debut followed an initial public offering that saw Netskope price its shares at $19, at the ...
Google is transforming Chrome into an AI-native browser
Google LLC has long used its Chrome web browser as a way to boost the popularity of its products and services, notably to strengthen its dominance in search, and now it’s trying to do the same for artificial intelligence. The company today revealed it’s enhancing Chrome with a host of new AI features powered by ...
Microsoft to invest $4B to build second data center facility in Wisconsin
Microsoft Corp. today revealed plans to spend $4 billion building a second data center in Wisconsin, having already begun construction on an initial facility nearby that’s set to cost about $3.3 billion. At a town hall meeting in Mount Pleasant, Microsoft President and Vice Chairman Brad Smith told residents that the company is planning to ...