Mike Wheatley
Latest from Mike Wheatley
IQM Finland raises $13M to try to fix quantum computing errors
Finnish quantum computing startup IQM Finland Oy today said it has raised $13 million in a seed funding round to help it build hardware that it says can fix quantum errors and drive greater adoption of the emerging technology architecture. The investors are Matadero QED, Maki.vc, MIG Fonds, OpenOcean, Tesi (Finnish Industry Investment), and Vito Ventures. ...
IDC report shows AI is a priority, but few enterprises are ready
About two-thirds of companies that have adopted artificial intelligence technologies are also trying to develop an “AI-first culture,” but just a quarter of those firms have a broad strategy in place to achieve that goal. That’s according to a new International Data Corp. survey of 2,473 organizations in May that was released today. It also found ...
Huawei claims its Android replacement HongMeng OS will be 60% faster
China’s Huawei Technologies Co. Ltd. was recently given a temporary reprieve, allowing it to do business with U.S. technology firms once again, but the company is apparently taking no chances as it forges ahead with the development of its own mobile operating system. HongMeng OS, as it’s called, is an internally built operating system said ...
Microsoft debuts new cloud-based SQL Server database options
Microsoft Corp. today announced new cloud-hosted versions of its SQL Server database service as two older on-premises varieties finally will see the end of extended support Tuesday. Having transformed itself during the intervening years into a company that’s predominantly focused on the cloud, Microsoft now wants users of those platforms to do the same thing. ...
Samsung profits fall more than 50% on lower demand for memory chips
Samsung Electronics Co. said late Thursday in its preliminary second-quarter earnings guidance that its operating profit fell by more than 50% from a year ago on weak demand for its memory chips and a slowdown in the smartphone market. Samsung estimated its operating profit for the second quarter at just 6.5 trillion won ($5.6 billion), which came in ...
Public cloud spending set to double in the next 4 years
Global spending on public cloud infrastructure and services will almost double from $229 billion this year to around $500 billion by 2023, according to analyst firm International Data Corp.’s latest report. IDC, in its Worldwide Semiannual Public Cloud Services Spending Guide published this week, said the main force driving this growth would be continued adoption ...
Apple resolves widespread iCloud outage that hit services across the U.S.
Most of Apple Inc.’s iCloud services were offline for almost an hour Thursday as the company suffered a widespread systems outage affecting users across the U.S. Users reported being unable to access their iCloud accounts, as well as services such as Find My Friends, Find My iPhone, Game Center, Photos and Screen Time. Apple said in an ...
Accenture patents machine learning module for marrying quantum with classical computing
Accenture Plc has just been awarded a patent relating to quantum computing that underscores the idea that the next-generation of computers will likely have to live alongside their classical cousins for the foreseeable future. Awarded to the business consultancy on Monday, U.S. Patent No. 10,275,721 is the company’s second relating to quantum computing technology. It ...
ANALYSIS
Beyond tariffs: How the exodus of big US tech firms could have lasting impacts on China
U.S. and Chinese Presidents Donald Trump and Xi Jingping might have negotiated a temporary ceasefire in their ongoing trade war last week, but many American technology firms are still looking to move their manufacturing operations away from China. A report from the Nikkei Asian Review Wednesday said companies that include Dell Technologies Inc., HP Inc., ...
Intel expands its AI collaboration with China’s Baidu
Intel Corp. is working with Baidu Inc. to optimize its latest Nervana Neural Network Processor on the Chinese internet giant’s PaddlePaddle deep learning framework to try to speed up the training of artificial intelligence models. Intel said its NNP-T processor, introduced late Tuesday, is a “new class of efficient deep learning system hardware designed to ...
