Mike Wheatley
Latest from Mike Wheatley
HPE’s stock inches higher on strong AI server sales and networking boost
Hewlett Packard Enterprise Co. beat Wall Street’s expectations as it delivered its third-quarter financial results today, and its stock moved slightly higher even though its revenue guidance for the current quarter came up short. The computer server and networking firm reported earnings before certain costs such as stock compensation of 44 cents per share on ...
Salesforce beats expectations but its stock falls on weak guidance and fears over AI
Salesforce Inc. racked up a solid earnings and revenue beat as it delivered its second-quarter financial results today, showing that it’s making progress in its transition to an agentic artificial intelligence platform. However, the company’s guidance for the current quarter came up short, and investors bailed in extended trading. The company reported earnings before certain ...
Wisdom AI debuts agentic data analysts to deliver a continuous stream of business insights
Artificial intelligence-native data insights startup Wisdom AI Inc. is expanding its platform today with the launch of Proactive Agents. The agents act like automated data analysts and work around the clock to proactively learn, prepare analyses and reports and make decisions based on the insights they surface. WisdomAI first came to attention in May when it ...
Stardog’s ‘hallucination-free’ answer engine brings AI insights to high-stakes industries
Knowledge graph database startup Stardog Union Inc. is flexing its muscles in artificial intelligence with the launch of a new, “hallucination-free” version of its enterprise-grade chatbot Voicebox, aimed at high-stakes industries. Voicebox can be thought of as an “enterprise answer engine” that’s linked to an organization’s internal data, allowing it to respond to knowledge worker’s ...
SUSE teams up with Avesha to streamline AI deployment with optimized GPU-based infrastructure
Cloud computing orchestration startup Avesha Inc. has partnered with the Linux software giant SUSE SE on an enterprise-grade artificial intelligence infrastructure blueprint that’s designed to simplify and optimize AI workload deployments. Announced today, the AI infrastructure blueprint combines SUSE’s specialized AI development software with Avesha’s elastic graphics processing units, enabling GPU resources to be allocated ...
IQM Quantum targets US expansion and 1 million-qubit scale after raising $320M
Finland’s leading quantum computing startup IQM Quantum Computers says it’s ready to take the next step and scale up its emerging technology from hundreds of qubits to millions after closing on a bumper $320 million funding round, bringing its total amount raised to $600 million. Today’s Series B round was led by Ten Eleven Ventures, ...
OpenAI buys software testing startup Statsig for $1.1B and creates a new role for its CEO
OpenAI said today it’s buying Statsig Inc. in a $1.1 billion deal that’s just as much of an acquihire as it is about bringing the product testing startup’s technology into its fold. As part of the deal, Statsig founder and Chief Executive Vijaye Raji (pictured), who previously worked as a software engineer at Meta Platforms ...
In major antitrust ruling, Google gets to keep Chrome and Android but still faces lesser penalties
A U.S. court has decided that Google LLC won’t be forced to sell off its Chrome browser or divest its Android operating system after being found guilty of operating an illegal online search monopoly in a landmark antitrust case last year. The ruling is seen as a significant win for Google, which avoided the most ...
China’s top social media platforms take steps to comply with new AI content labeling rules
China’s top social media platforms, including ByteDance Ltd.’s TikTok clone Douying and Tencent Holdings’ WeChat, rolled out new features today to try to comply with a new law that mandates all artificial intelligence content is clearly labeled as such. The new content labeling rules mandate that all AI-generated content posted on social media is tagged ...
Elastic’s stock jumps on impressive earnings and revenue beat
Enterprise data search company Elastic N.V. delighted Wall Street investors today as it delivered financial results that surpassed even the most optimistic forecasts. Its guidance for the current quarter was just as impressive, and the value of its stock soared in extended trading. The company reported fiscal 2026 first-quarter earnings before certain costs such as ...