Mike Wheatley
Latest from Mike Wheatley
Penguin Solutions beats estimates and raises guidance on growing AI infrastructure demand
Shares of the artificial intelligence infrastructure management company Penguin Solutions Inc. traded higher after-hours today after it posted a solid earnings and revenue beat and raised its full year outlook. The company reported earnings before certain costs such as stock compensation of 52 cents per share, crushing the analyst consensus estimate, which called for earnings of ...
Amazon to send 27 Kuiper communications satellites into orbit this month
Amazon.com Inc. said today it has set a date for the long-awaited launch of its first Kuiper internet satellites: They’ll will be sent into orbit on United Launch Alliance LLC’s Atlas V rocket, which is slated to launch from Cape Canaveral, Florida, on April 9. The mission is a key step for Amazon’s Project Kuiper, ...
Siemens to buy life sciences R&D company Dotmatics for $5.1B
German industrial giant Siemens AG said today it will pay $5.1 billion to acquire the life sciences data startup Dotmatics in an effort to expand its artificial intelligence offerings. The company said the deal to acquire Dotmatics, officially known as GraphPad Software LLC, is expected to close in the first half of 2026, according to ...
Parasail promises to power any AI workload with on-demand access to cloud-based GPUs
Artificial intelligence infrastructure startup Parasail Inc. today announced the launch of its new AI Deployment Network, a new cloud-hosted platform that provides enterprises with immediate, cost-efficient and on-demand access to powerful graphics processing units. Parasail says its AI Deployment Network is special because it allows companies to tap into a massive, contract-free pool of high-performance ...
Kong’s updated AI Gateway helps to secure AI model production deployments
The application programming interface technology company Kong Inc. today announced an updated version of the Kong AI Gateway, introducing new features that it says will enable the necessary security and governance controls for enterprises to deploy generative artificial intelligence and AI agents in production. The latest edition of the Kong AI Gateway comes with automated retrieval-augmented ...
DevOps startup Opsera raises $20M to accelerate software delivery with AI agents
Devops orchestration startup Opsera Inc. said today it has closed on a $20 million round of funding as it looks to position itself at the forefront of an artificial intelligence-powered revolution in software delivery. Today’s round was led by Prosperity 7 and Hitachi Ventures, and saw participation from previous investor Clear Ventures, coming about 18 ...
FurtherAI gets $4M in funding to further AI automation in the insurance sector
FurtherAI Inc., an artificial intelligence startup that’s focused on furthering automation in the insurance industry, has gotten the money it needs to do that after closing on a $4 million round of funding. Today’s round was led by Nexus Venture Partners, which invested via its $700 million AI-dedicated fund, and saw participation from a host ...
Humanoid robot creator Agility Robotics targets $400M funding round
Humanoid robots in the workplace are moving closer to reality with the news that Agility Robotics Inc. is closing in on a $400 million funding round to help it start mass-producing its autonomous, bipedal warehouse machines. That’s according to a report in The Information, which cites an anonymous source as saying that the round will ...
Emergence AI is using AI agents to build new AI agents in real-time
Emergence AI is emerging from the shadows with a fresh take on artificial intelligence agents, using them to create yet more agents that can perform more complicated tasks on behalf of workers. The startup today announced the launch of a new, automated AI agent creation platform that doesn’t require any coding skills. Instead, human users ...
Progress Software pleases investors as it beats expectations and raises its full-year guidance
Things are looking up for Progress Software Corp. after it posted a solid earnings and revenue beat and raised its full-year outlook, sending its stock higher in extended trading. The company delivered first-quarter earnings before certain costs such as stock compensation of $1.31 per share, easily beating the analysts’ consensus estimate of $1.06. Revenue for ...
