Mike Wheatley
Latest from Mike Wheatley
AI bookkeeper Docyt debuts precision-trained AI agents to accelerate accounting automation
Docyt AI Inc. is building on the launch last year of its artificial intelligence-powered accountant GARY, unveiling a new AI engine that it says is purpose-built to automate complex bookkeeping workflows. The Docyt High Precision Accounting Intelligence engine is essentially an AI agent designed specifically for accounting tasks, and its launch follows a fresh funding ...
Arista Networks beats expectations and its profits rise, sending its stock higher
Shares of Arista Networks Inc. were flying high in late trading today after the company posted strong second-quarter results, beating expectations on earnings and revenue and seeing its adjusted operating income cross the $1 billion milestone for the first time. The company reported earnings before certain costs such as stock compensation of 65 cents per ...
Supermicro’s earnings, revenue and guidance all fall short, and its stock craters
Artificial intelligence server maker Super Micro Computer Inc. posted a declining profit today as it missed expectations on both earnings and revenue, sending its stock south in extended trading. The company reported fourth-quarter earnings before certain costs such as stock compensation of 41 cents per share, trailing Wall Street’s estimate of 45 cents. Revenue for ...
AMD’s earnings fall short from China chip ban despite good traction in AI
Advanced Micro Devices Inc.’s stock headed lower in extended trading today after it delivered mixed financial results, with earnings coming up short of Wall Street’s targets. The chipmaker reported second-quarter earnings before certain costs such as stock compensation of 48 cents per share, falling just shy of the Street’s forecast of a profit of 49 cents ...
HPE launches offerings at Black Hat to strengthen network security, data protection and cyber resiliency
Artificial intelligence was on the menu once again at Black Hat USA today, as Hewlett Packard Enterprise Co. rolled out a new, AI-powered copilot for its Aruba Networking platform that’s designed to strengthen cybersecurity, resiliency and compliance. The Secure Access Service Edge copilot was joined by the launch of a new data protection system for ...
Next-generation supply chain intelligence startup Lyric gets $43.5M in funding
Supply chain intelligence startup Lyric is ready to expand after closing on a $43.5 million Series B round of funding today. The round was led by Insight Partners, one of the world’s most prominent software startup investors, and saw participation from others including Primary Venture Partners, Permanent Capital Ventures, VMG Partners, PSP Growth and NewBuild ...
Qbeast gets $7.6M in funding to streamline data lakehouses queries with multidimensional indexing
Data optimization startup Qbeast Analytics Inc. says it’s going to help organizations eliminate the “hidden tax” of big data lakehouse frameworks like Delta Lake after raising $7.6 million in seed funding today. The round was led by Peak XV’s Surge, formerly known as Sequoia Capital India. Other investors were HWK Tech Investment and Elaia Partners. ...
Kyndryl’s stock sinks on revenue miss and lower guidance
Shares of the technology consultancy Kyndryl Holdings Inc. were battered and bruised today after it failed to meet Wall Street’s first-quarter revenue projections. It also offered underwhelming guidance for current quarter sales, and that helped push its stock down more than 13% in extended trading. The company reported earnings before certain costs such as stock ...
Google’s Kaggle to host AI chess tournament to evaluate leading AI models’ reasoning skills
The world’s top performing artificial intelligence models, including OpenAI’s o3 and 04-mini, Google LLC’s Gemini 2.5 Pro and Gemini 2.5 Flash, Anthropic’s Claude Opus 4, and xAI Corp.’s Grok 4 are set to go head-to-head on the chess board. The three-day AI chess battle is the first in a series of tournaments set to be ...
SAP buys AI-enabled hiring platform SmartRecruiters
European software giant SAP SE said late Friday it’s planning to buy the San Francisco-based human resources startup SmartRecruiters Inc. for an undisclosed fee, with the deal expected to close by the end of the fourth quarter. SmartRecruiters sells software that helps to automate high-volume recruiting, and it primarily operates in the U.S., which happens ...