Mike Wheatley
Latest from Mike Wheatley
Snowflake’s stock pops as AI momentum drives solid earnings and revenue beat
Shares of Snowflake Inc. popped in extended trading after the cloud-based data storage giant reported better-than-expected second-quarter earnings and revenue and issued upbeat guidance for the rest of the year. The company reported adjusted earnings of 35 cents per share, easily topping Wall Street’s consensus view of 27 cents per share. Revenue for the period ...
InstaLILY gets $25M to accelerate industry automation with agentic AI teammates
InstaLILY Inc. said today it has raised $25 million exclusively from Insight Partners to fuel the growth of industry vertical-specific “AI Teammates” that are designed to live inside legacy software systems and perform tasks that were previously impossible to automate. The artificial intelligence startup says it’s pioneering a new way to fulfill the potential of ...
MariaDB buys its former subsidiary SkySQL to enhance its agentic AI and serverless capabilities
The privately held database company MariaDB plc seems to have changed its mind about the future of SkySQL Inc., deciding it does need it after all. In a somewhat unusual reversal, it revealed it’s buying its former subsidiary for an undisclosed price, just 18 months after it spun it out as a separate entity. SkySQL ...
Box bumps up its guidance after posting solid earnings and revenue
Shares of the cloud storage pioneer Box Inc. moved higher in extended trading today after it delivered another earnings and revenue beat and raised its full-year guidance, citing momentum with its artificial intelligence offerings. The company reported second-quarter earnings before certain costs such as stock compensation of 33 cents per share, edging past the analyst’s target ...
MongoDB boosts outlook on strong earnings and revenue momentum and its stock jumps
Updated: Document database company MongoDB Inc. bumped up its full-year guidance for the second time this year after its second-quarter sales crushed Wall Street’s expectations, sending the company’s stock sky-high in extended trading. The company reported earnings before certain costs such as stock compensation of exactly $1 per share, easily surpassing the Street’s forecast of ...
Harness deploys AI agents to automate every aspect of software delivery after code generation
Harness Inc. said today it’s injecting artificial intelligence into every stage of the software delivery process, looking to automate every step after the coding process, including testing, security, deployment and maintenance. The new Harness AI suite builds on the company’s flagship platform, including the Harness Internal Developer Portal, which is designed to support continuous integration ...
Sleep.ai raises $5.5M to aid in rest with data-backed sleeping insights
A startup called Sleep.ai said today it has raised $5.5 million in venture capital funding to try and help everyone get a better night’s rest by leveraging what it says is the world’s most in-depth “sleep intelligence” platform. Today’s round was led by Treasure Coast Ventures and saw participation from Nurture Ventures, the Harvard Business ...
Broadcom clears the way for AI-native private clouds with VMware Cloud Foundation
Broadcom Inc. said today it’s transforming its VMware Cloud Foundation 9.0 software into an artificial intelligence-native platform, giving developers a secure, modern and private cloud infrastructure that’s geared for the development of sophisticated AI applications and agents. At VMware Explore 2025 in Las Vegas, the company announced the addition of VMware Private AI Services as a ...
VMware Tanzu delivers speedy, AI-ready data access for AI agents
Broadcom Inc. is expanding the capabilities of its VMware Tanzu Platform for developers, adding support for artificial intelligence agents via a new data lakehouse called VMware Tanzu Data Intelligence, which provides low-latency access to multimodal data at large scale. It was introduced today at VMware Explore 2025 in Las Vegas alongside VMware Tanzu Platform 10.3, a ...
Integrated photonics startup OpenLight gets $34M to design and build faster interconnects for AI chips
Data center interconnect design and manufacturing startup OpenLight Photonics Inc. says it wants to accelerate the transition to silicon photonics after spinning out of its parent company Synopsys Inc. and closing on $34 million in Series A funding. Today’s round was co-led by Xora Innovation and Capricorn Investment Group and saw participation from Juniper Networks, ...