Mike Wheatley
Latest from Mike Wheatley
AI chip demand propels Broadcom to another earnings beat, but its shares drop after-hours
Red-hot chipmaking giant Broadcom Inc. narrowly beat earnings expectations for its second quarter today and also provided robust guidance for the curret quarter, but its stock cooled after-hours. The company reported earnings before certain costs such as stock compensation of $1.58 per share, beating the $1.56-per-share target. Revenue for the period gained 20% from a ...
OpenAI gives ChatGPT access to cloud-based documents and third-party research tools
Another day brought another new update to OpenAI’s ChatGPT, which is getting a host of new capabilities for business users, including connectors for cloud services such as Box, Dropbox, Google Drive, OneDrive and SharePoint. In addition, OpenAI also announced that its chatbot is getting the ability to record business meetings and support for Model Context Protocol ...
Amazon’s secretive research lab is developing robots with integrated agentic AI software
Amazon.com Inc.’s stealthy Lab126 organization has formed a new group that’s focused on artificial intelligence agents, the company said today. Lab126 is a research and development organization within the company that’s known for its great secrecy. It has previously helped to develop devices such as the Amazon Kindle e-reader and Echo smart speaker, and it ...
MongoDB crushes expectations and its stock makes huge gains after-hours
Shares of the database company MongoDB Inc. were flying high in extended trading today after it posted better-than-expected financial results, upped its full-year guidance and expanded its share buyback program. The company reported first-quarter earnings before certain costs such as stock compensation of $1 per share, blowing past analysts’ consensus estimate of 67 cents by ...
Postman looks to streamline API and agentic AI development with Agent Mode
Application programming interface development startup Postman Inc. said today it’s launching a host of new features that will enable its platform to put artificial intelligence agents into operation. The host of new features announced at Postman’s annual user conference POST/CON today includes “Agent Mode,” a new AI-native assistant that aims to accelerate developer productivity by ...
Arm’s latest compute subsystem to accelerate automotive AI chip design by up to a year
U.K. chip designer Arm Holdings Plc is looking to expand its hold on the automotive chip industry with a new and integrated design platform that promises to increase the time it takes to bring specialist artificial intelligence chips to market by up to 12 months. The company said the new Arm Zena Compute Subsystems offering ...
OpenAI enhances agentic AI development with improvements to Codex and the Agents SDK
OpenAI is pushing the envelope for developers of artificial intelligence agents. Today it expanded the capabilities of its Codex software engineering agent that launched last month and also making it available to more users. It’s also making more tools available to developers of voice agents through the OpenAI Agents software development kit. The company debuted ...
HPE’s stock rises on AI momentum and more clarity on market conditions
Hewlett Packard Enterprise Co. delivered second-quarter earnings and revenue that topped Wall Street’s forecasts, but lowered the top end of its full-year guidance, citing better visibility into market conditions and more stable demand. The company reported earnings before certain costs such as stock compensation of 38 cents per share, higher than the Street’s target of ...
Managed cybersecurity service startup ThreatSpike raises $14M
U.K.-based cybersecurity firm ThreatSpike Ltd. said today it has closed on $14 million Series A funding from Expedition Growth Capital, the first time it has secured outside capital since being founded 14 years ago. The company has built what it says is a “next-generation managed security service” that provides both the technology and the expertise ...
Elon Musk’s xAI launches $5B debt sale to fuel AI infrastructure investments
XAI Corp., the artificial intelligence startup founded by Elon Musk, is arranging a $5 billion debt sale that will help the company to keep up its lavish spending on data center infrastructure as it strives to keep pace with rivals such as OpenAI and Google LLC. The debt sale was first reported today by Bloomberg, ...