Mike Wheatley
Latest from Mike Wheatley
Intel’s stock dives on lower guidance as new CEO Lip-Bu Tan outlines long-term vision
Intel Corp.’s stock headed south in extended trading today after the company offered disappointing guidance for the current quarter and announced yet more spending and staff cuts that will go into effect this year. In its first-quarter financial results today, Intel reported earnings before certain costs such as stock compensation of 13 cents per share, ...
Alphabet crushes expectations, with cloud, AI and search all showing strength
Alphabet Inc., the parent company of Google LLC and YouTube, delivered better-than-expected results as it posted its first-quarter earnings report today, lifting its stock more than 4% after-hours. The internet search and cloud computing giant reported earnings before certain costs such as stock compensation of $2.81 per share, crushing Wall Street’s target of just $2.01 ...
Legal AI tech startup Noxtua raises €80.7M to help European lawyers automate their work
Germany-based legal technology startup Noxtua SE said today it has closed on an €80.7 million ($91.6 million) round of funding after undergoing a corporate rebranding. The company, which was previously known as Xayn SE, said today’s round was led by Verlag C. H. BECK oHG, the No. 1 publisher of legal books in Germany. It ...
Datadog snaps up Metaplane to improve data quality for AI applications and systems
Cloud security and application monitoring giant Datadog Inc. said today it’s looking to expand the scope of its data observability offerings after acquiring a startup called Metaplane. The financial terms of the deal were not disclosed, but Datadog stressed that Metaplane will help to accelerate its push into the area of data observability, where it ...
ServiceNow dodges tariff and DOGE threats, beating forecasts and raising guidance
Shares of ServiceNow Inc. shot up in extended trading after the company reported better-than-expected first-quarter results and forecast higher revenue than Wall Street’s target. The company said it’s seeing strong demand despite the current economic uncertainty, and reported earnings before certain costs such as stock compensation of $4.04 per share. Revenue for the period came ...
Lenovo announces new ‘AI-ready’ infrastructure systems in its largest-ever storage refresh
Lenovo Group Ltd. is targeting artificial intelligence with the largest-ever refresh of its data storage portfolio, announcing 21 new AI-optimized storage systems and infrastructure appliances for enterprise data centers. Announced today, the expanded portfolio fills the full spectrum of storage solutions, with new storage arrays, software-defined storage systems and virtualization offerings that have been crafted ...
Product intelligence startup Bagel AI raises $5.5M to help companies build what their customers want
Bagel Technologies Inc., a startup using specialized artificial intelligence models to help companies make better product decisions based on customer feedback, said it has closed on a $5.5 million seed funding round. Today’s raise was led by at.inc/ and saw participation from Demo Capital, Loyal VC and CS Angel, plus a number of notable angel ...
Cloud Capital raises millions in funding to save customers millions on cloud costs
Cloud-native cost control startup Cloud Capital Technologies Holdings Inc. said today it’s ready to help enterprises keep a lid on their cloud infrastructure spending after raising $7.7 million in funding. The funding comes via an initial $2.3 million pre-seed round led by Connect Ventures that was closed three months prior, and a new $5.4 million ...
Relyance AI’s new data tracking tool paves the way for greater AI accountability and explainability
The ambitious big-data governance startup Relyance AI Inc. wants to tackle one of the biggest roadblocks preventing highly regulated enterprises from adopting artificial intelligence with the launch of a new platform called Data Journeys. The company said today that Data Journeys is all about helping companies to understand how their data travels across a labyrinth ...
OpenAI says it would jump at the chance to buy Chrome from Google
OpenAI Head of Product Nick Turley has told a judge overseeing the remedy phase of Google LLC’s antitrust trial that his company would be very interested in buying the Chrome browser if given a chance to do so. After Google was found guilty of running an illegal monopoly in search last year, the Department of ...