Mike Wheatley
Latest from Mike Wheatley
Meta’s stock makes sharp gains on blowout earnings results
Meta Platforms Inc. easily beat Wall Street’s expectations as it posted its second-quarter financial results today, and its shares gained more than 11% in extended trading. The company reported earnings before certain costs such as stock compensation of $7.14 per share, while revenue for the period rose 22%, to $47.52 billion. Those numbers shattered expectations, ...
Microsoft crushes earnings expectations and its market cap soars above $4T
Shares of Microsoft Corp. gained more than 9% in extended trading today after the company delivered solid earnings and revenue that came in above expectations. The after-hours increase lifted the company’s market capitalization above the $4 trillion milestone, trailing in the wake of Nvidia Corp., which passed that pinnacle earlier this month. The company reported ...
Observe raises $156M to accelerate enterprise shift to AI-native observability
The artificial intelligence-native observability company Observe Inc. said today it has raised $156 million in a Series C round of funding. The round was led by Sutter Hill Ventures, which also led its $115 million Series B raise in March of last year. Madrona Ventures, Alumni Ventures, Capital One and the venture capital arms of ...
Cyata Security gets $8.5M in funding to help companies get a grip on their AI agents
Artificial intelligence security startup Cyata Security Ltd. is looking to rein in out-of-control AI agents after closing on an $8.5 million seed funding round, it announced today. The round was led by TLV Partners and saw backing from Ron Serber and Yossi Carmil – two former chief executives of the digital forensics company Cellebrite DI ...
AI startup Artificial Societies simulates the behavior of target audiences to speed up market research
Artificial intelligence audience testing startup Artificial Societies Ltd. today launched its flagship “societal simulator” tool in order to speed up market research. The Artificial Collective Intelligence or AS platform is designed to understand social dynamics and accurately predict trends, so that businesses and creators can test how specific target audiences might respond to new products, ...
Lumana gets $40M to build more intelligent video surveillance systems
Lumana AI Inc., a startup using artificial intelligence to automate video surveillance, wants to alter the way businesses monitor the physical world after raising $40 million in an early-stage funding. Today’s Series A round was led by Wing Venture Capital and saw continued backing from Norwest Venture Partners LP and S Capital VC Management Ltd., ...
AI-native clinical documentation startup Ambience Healthcare raises $243M
Ambience Healthcare Inc., a provider of ambient artificial intelligence documentation tools, said today it has closed on $243 million in Series C funding, bringing its total amount raised to date to more than $345 million. It’s one of the biggest funding rounds in the healthcare technology industry so far this year. It was led by ...
Exclusive: Matrice.ai teams up with Voltage Park to accelerate no-code computer vision development
Computer vision startup Matrice.ai Inc. said today it has closed on a strategic expansion of its seed funding round, adding to the original investment it first disclosed in May. It didn’t disclose the size of the round, but the cloud infrastructure provider Voltage Park Inc. was named as the lead investor, with Ax3.ai, Plug and ...
FluidCloud gets $8.1M to reverse-engineer cloud environments and unlock true multicloud agility
A startup called FluidCloud emerged today to solve the longstanding problem of cloud infrastructure lock-in, saying it has the tools and the technology to reverse-engineer any computing environment so workloads can be shifted from one cloud to the next. It means business, too – it has just raised $8.1 million in seed funding, with Unusual Ventures ...
StackGen’s AI agents do away with scripts to automate cloud infrastructure design and management
StackGen Inc. today threw down the gauntlet to the infrastructure-as-code industry with the official launch of its Autonomous Infrastructure Platform, which uses artificial intelligence agents to build and manage cloud computing environments automatically at scale. The startup, which rebranded from AppCD earlier this year, is looking to transform the way cloud-based technology infrastructure is designed, ...