Mike Wheatley
Latest from Mike Wheatley
Zoom delivers earnings beat and lifts its full-year guidance, but investors are unimpressed
Zoom Video Communications Inc. posted fiscal first-quarter profit, earnings and sales that came in just ahead of Wall Street’s expectations, assisted by the rollout of artificial intelligence across more of its products, but the company’s near-term forecast came up light, sending its stock slightly lower in extended trading today. The company reported net income for ...
Google’s Project Gameface lets people control Android devices using gestures and facial expressions
Google LLC is bringing a host of new accessibility upgrades to Android, with the headline feature something known as Project Gameface, which uses artificial intelligence to translate facial expressions and gestures into on-screen actions. Project Gameface was first conceived as a kind of hands-free mouse for gamers, but Google quickly realized that the technology behind ...
Cloud developer tools startup Replit lays off 20% of its workforce amid generative AI push
Developer tooling startup Replit Inc., which has emerged at the forefront of the push toward generative artificial intelligence coding, has announced it’s letting go of 30 of its staff, or just under 20% of its total workforce. The news came via an email from Replit Chief Executive Amjad Masad to the company’s employees, which was posted ...
OpenAI agrees to deal with Reddit to scrape its content for AI training
In the latest development in the war for data among artificial intelligence model builders, ChatGPT is getting a new source of up-to-date content thanks to a deal between OpenAI and Reddit Inc. that was announced today. The partnership will enable OpenAI’s large language models, including GPT-3.5 and GPT-4, to “better understand and showcase Reddit content, ...
Ampere to integrate its CPUs with Qualcomm’s cloud-based AI chips for running large models
Chipmaker Ampere Computing LLC, which makes powerful, Arm-based computer chips for smartphones and data center servers, said today it’s partnering with Qualcomm Inc. on a new joint solution that will enable enhanced artificial intelligence inference at lower costs. The new partnership was announced today during an annual update (below) that saw Ampere detail its 2024 ...
Elastic’s new Search AI Lake enables highly scalable vector search for generative AI apps
Enterprise search technology provider Elastic N.V. is hoping to make the data essential for generative artificial intelligence as well as security and observability workloads more accessible with the launch of its new Search AI Lake service. Announced today, Elastic Search AI Lake is a radically different offering from existing Elasticsearch deployments. It decouples storage from ...
Despite revenue drop, Cisco beats expectations and ups full-year forecast, sending stock higher
Networking giant Cisco Systems Inc. delivered a solid third-quarter earnings and revenue beat even as its overall sales fell substantially from the same period one year earlier. It also bumped up its revenue guidance for the fiscal year ending in July, saying customers have almost worked through the inventory glut that was blamed for its ...
AI chip company Cerebras announces major advances in materials science, sparse training and more
Artificial intelligence chip startup Cerebras Systems Inc. says it’s getting some serious traction in its bid to rival Nvidia Corp. in powering artificial intelligence workloads. The company announced today it has made some groundbreaking achievements in terms of molecular dynamics simulations and sparse training, advancing materials research and enabling powerful large language models to be ...
HPE’s GreenLake enhances data storage across the cloud and on-premises servers
Hewlett Packard Enterprise Co. is enhancing its GreenLake platform with a host of new and expanded features that aim to simplify how users manage and optimize data, storage and workloads across their on-premises and cloud-based information technology environments. The new offerings include HPE GreenLake Block Storage capabilities for the Amazon Web Services cloud, a new ...
OpenAI co-founder and Chief Scientist Ilya Sutskever quits
OpenAI co-founder and Chief Scientist Ilya Sutskever said today he’s quitting the company after almost 10 years in the job. His decision to step down from the artificial intelligence company comes almost six months after he was said to have played a key role in the failed ouster of Chief Executive Sam Altman in November. ...