Mike Wheatley
Latest from Mike Wheatley
Pentagon officials threaten to blacklist Anthropic over its military chatbot policies
The U.S. Department of War is reportedly considering cutting all business ties with the artificial intelligence startup Anthropic PBC and designating it as a “supply chain risk” amid disagreements over how it intends to use its chatbot tool Claude. If the War Department went ahead with the move, it would be a severe blow to ...
ServiceNow buys Pyramid Analytics to streamline access to business intelligence
ServiceNow Inc. is expanding into the realm of “generative business intelligence” through the acquisition of an Israeli big-data startup called Pyramid Analytics B.V. The specifics of the deal announced today were not disclosed, but Globes reported that the acquisition price is estimated at around a “few hundred million dollars.” If true, that would mean Pyramid’s ...
Arista Networks’ stock jumps after-hours on another strong earnings and revenue beat
A solid earnings and revenue beat followed by strong guidance above-consensus sent shares of Arista Networks Inc. leaping more than 12% in extended trading today. The networking company reported fourth-quarter adjusted earnings of 82 cents per share, comfortably ahead of the 76-cent-per-share analyst forecast. Revenue for the period rose 29% from a year ago, to ...
OpenAI’s rapid GPT-5.3-Codex model moves beyond simple coding tasks
OpenAI Group PBC today released a lightweight version of its popular agentic coding tool GPT-5.3-Codex, which is designed for more rapid inference, the process by which artificial intelligence models take actions in response to prompts. It’s called GPT‑5.3‑Codex‑Spark, and it’s a smaller version of the original GPT‑5.3‑Codex that launched earlier this month. By launching a ...
AI startup The Biological Computing Co. raises $25M to swap out silicon for lab-grown brains
Silicon-based artificial intelligence has come a very long way in a very short space of time, driving massive advances in the large language models that sit at the heart of today’s generative AI chatbots, image creation tools and autonomous agents. Now a startup called The Biological Computing Co. believes that the future of AI lies ...
Anthropic vows to protect consumers from rising electricity costs
Anthropic PBC has become the latest artificial intelligence model maker to pledge that its vast energy consumption will not drive up the cost of electricity for regular citizens. The company said today that it’s going to work with utilities providers to “estimate and cover” the likely price increases that will result from its data centers’ ...
Agentic financial modeling startup Meridian gets $17M in funding
Meridian, an agentic artificial intelligence startup trying to reinvent complex financial modeling, has the money it needs to complete that mission after raising $17 million in seed funding today. The round, led by Andreessen Horowitz and The General Partnership, brings the company’s post-money valuation to $100 million. The startup, officially known as Longitude Labs Inc., ...
AI hyperscalers help boost Cisco’s revenue, but its stock sinks on soft guidance
Cisco Systems Inc. posted second-quarter financial results that beat Wall Street’s expectations today, but investors punished the company after it offered soft guidance for the current quarter. The networking giant reported adjusted earnings of $1.04 per share, beating the analysts’ consensus estimate of $1.02 per share, while revenue increased by about 10% from a year ...
AI infrastructure giant Nebius buys agentic search startup Tavily
Artificial intelligence infrastructure company Nebius Group N.V. said today it’s going to acquire an Israeli startup called Tavily Inc., which has developed a specialized search layer for autonomous AI agents. The terms of the deal were not disclosed, but Calcalist reported that Nebius has agreed to pay $275 million initially, with the amount potentially rising ...
Teradata tops expectations on public cloud momentum and its stock surges
Veteran big-data analytics company Teradata Corp. delighted investors today as it reported fourth-quarter earnings and revenue that far surpassed analysts’ expectations, sending its stock higher in extended trading. The company delivered earnings before certain costs such as stock compensation of 74 cents per share, easily beating Wall Street’s guidance of 54 cents. Revenue for the ...