Mike Wheatley
Latest from Mike Wheatley
Stainless Software gets $25M in funding to bring AI-generated SDKs to developers
Stainless Software Inc., which uses artificial intelligence to help companies quickly create software development kits for their applications and services, said today it has raised $25 million in an early-stage round of funding. Today’s Series A round was led by Andreessen Horowitz. It included participation from existing investors such as Sequoia and The General Partnership, ...
Aampe raises $18M to scale consumer app personalization with AI agents
Digital product personalization startup Aampe Inc. said today it has closed on an $18 million early-stage funding round that brings its total amount raised to date to $27.3 million. Theory Ventures and Z47 were the only investors named in the Series A round. Aampe is the creator of an agentic artificial intelligence infrastructure that’s designed ...
Hyperbolic launches cloud-hosted GPU marketplace after raising $12M in funding
Hyperbolic Labs Inc., creator of an open access compute cloud for artificial intelligence workloads and inference services, said it’s launching its GPU marketplace today after closing on a $12 million strategic funding round. Variant and Polychain Capital led the round, and Chapter One, Lightspeed Faction, IOSG, Vertex, GSR, Wintermute Ventures, Blockchain Builders Fund, Alumni Ventures and ...
WaveForms AI raises $40M in seed funding to create more empathetic AI voices
A startup called WaveForms AI is looking to transform audio-based artificial intelligence interactions after closing on a bumper $40 million seed funding round. Today’s round was led by Andreessen Horowitz and values WaveForms AI at a staggering $200 million right off the bat. The investment doesn’t just underline the confidence in the startup, but also ...
MongoDB crushes Wall Street’s targets and boosts annual forecast but stock sags
MongoDB Inc. smashed Wall Street’s earnings and revenue targets out of the park and raised its full-year outlook, but the solid performance failed to excite investors, and its stock sagged 2% after-hours. The database company reported third-quarter earnings minus onetime items of $1.16 per share, cruising past the Street’s target of 67 cents. Meanwhile, its ...
Oracle’s rampant cloud growth wasn’t enough for Wall Street, and its stock slides after-hours
Oracle Corp.’s impressive rate of cloud revenue growth wasn’t enough to offset declines elsewhere in its business, and its stock headed lower in late trading after the company missed Wall Street’s earnings and sales targets. The database company reported fiscal 2205 second-quarter earnings before certain costs such as stock compensation of $1.47 per share, falling ...
GitLab co-founder and CEO Sid Sijbrandij steps down, Bill Staples named as his replacement
DevOps company GitLab Inc. today said Chief Executive Officer Sid Sijbrandij is stepping down from his role with immediate effect, replaced by technology industry veteran Bill Staples. Sijbrandij (pictured), who revealed six months ago that he’s undergoing treatment for cancer, is stepping down so he can focus on his health, the company said. The revelation ...
Shares of UiPath sink despite solid earnings and revenue beat
Business automation software company UiPath Inc. delivered third-quarter earnings and revenue that beat analysts’ expectations, but its stock was heading south in the extended trading session after it offered lukewarm guidance for the current quarter. The company reported earnings before certain costs such as stock compensation of 11 cents per share, coming in ahead of ...
Rising AI server demand drives another strong earnings and revenue beat for HPE
Hewlett Packard Enterprise Co. delivered solid fourth-quarter financial results today, beating Wall Street’s expectations on both earnings and revenue, and investors responded Friday by bidding the stock up almost 10% despite tepid guidance. The company reported earnings before certain costs such as stock compensation of 58 cents per share, up 12% from one year earlier ...
Nvidia and AWS team up to accelerate AI deployments in the cloud
Nvidia Corp. is doubling down on its partnership with Amazon Web Services Inc. to expand what’s possible in the realms of artificial intelligence, robotics and quantum computing development. The two companies took to the stage during Amazon’s annual customer conference, AWS re:Invent this week, where they made a host of announcements regarding their ongoing collaboration. ...