Mike Wheatley, Author at SiliconANGLE

AI

OpenAI bags $200M Pentagon contract to explore defense industry AI applications

By Mike Wheatley Jun 16, 2025

OpenAI said today it’s working with the U.S. Department of Defense on a pilot program that will see it create “frontier AI” capabilities, but it hasn’t divulged exactly what it’s building. The DoD confirmed…

AI

Scale AI CEO Alexandr Wang departs to join Meta after securing multibillion-dollar investment

By Mike Wheatley Jun 12, 2025

Scale AI Inc. says its founder and Chief Executive Alexandr Wang is leaving to join Meta Platforms Inc., after confirming that the social media giant has made a “significant” investment in the company. The…

Cloud

Adobe posts solid earnings beat and raises its full-year guidance, but investors yawn

By Mike Wheatley Jun 12, 2025

Adobe Inc. raised its full-year profit and revenue guidance after beating Wall Street’s targets in its latest financial results, but the positive numbers failed to impress investors much, and its stock was moving lower in…

AI

Multiverse Computing bags $215M for its quantum-inspired AI model compression tech

By Mike Wheatley Jun 12, 2025

Multiverse Computing S.L. said today it has raised $215 million in funding to accelerate the deployment of its quantum computing-inspired artificial intelligence model compression technology, which promises to reduce the costs of AI inference…

Big Data

Databricks brings data insights to every business worker with AI-powered BI

By Mike Wheatley Jun 11, 2025

Databricks Inc. says it’s trying to bring the power of big data analytics to every business worker with the launch of its new artificial intelligence-powered business intelligence tool, Databricks One. The company sells a…

Cloud

Oracle beats expectations on ‘insatiable’ cloud demand, sending its stock higher

By Mike Wheatley Jun 11, 2025

Database giant Oracle Corp.’s stock moved up more than 7% in extended trading today after reporting financial results that surpassed analysts’ expectations and saying it expects cloud growth to accelerate in the current quarter.…

AI

OpenAI’s newest reasoning model o3-pro surpasses rivals on multiple benchmarks, but it’s not very fast

By Mike Wheatley Jun 10, 2025

OpenAI is upping the ante in artificial intelligence reasoning with the launch of o3-pro today, claiming it’s the most advanced model of its kind. The o3-pro model is a more powerful version of the…

AI

Time intelligence startup Laurel gets $100M to turbocharge worker productivity

By Mike Wheatley Jun 10, 2025

AI-native time keeping startup Laurel Inc. said today it has raised $100 million in a Series C funding round to try and transform the productivity of legal, consulting and accounting firms, whose biggest resource…

Cloud

GitLab’s revenue outlook comes up short and its stock gets hammered

By Mike Wheatley Jun 10, 2025

Shares of the DevOps pioneer GitLab Inc. were battered and bruised in late trading today after it increased its full-year profit outlook but narrowly missed expectations on sales guidance. That came after it logged…

Apps

Harness scales up its Internal Delivery Platform to accelerate software delivery

By Mike Wheatley Jun 10, 2025

Harness Inc., the software delivery platform startup that provides tools for developers to update and monitor their applications on the fly, today announced a major update aimed at helping enterprises dramatically scale up their…

Mike Wheatley

OpenAI bags $200M Pentagon contract to explore defense industry AI applications

Scale AI CEO Alexandr Wang departs to join Meta after securing multibillion-dollar investment

Adobe posts solid earnings beat and raises its full-year guidance, but investors yawn

Multiverse Computing bags $215M for its quantum-inspired AI model compression tech

Databricks brings data insights to every business worker with AI-powered BI

OpenAI’s newest reasoning model o3-pro surpasses rivals on multiple benchmarks, but it’s not very fast

Time intelligence startup Laurel gets $100M to turbocharge worker productivity

GitLab’s revenue outlook comes up short and its stock gets hammered

Harness scales up its Internal Delivery Platform to accelerate software delivery

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