Mike Wheatley
Latest from Mike Wheatley
Meta unveils two new 24K GPU clusters it’s using to develop more advanced generative AI
Meta Platforms Inc. today revealed a pair of enormously powerful graphics processing unit clusters that it says will be used to support the training of next-generation generative artificial intelligence models, including the upcoming Llama 3. Meta engineers Kevin Lee, Adi Gangidi and Mathew Oldham explained in a blog post that the two 24,576-GPU data center scale ...
Cognition launches Devin, a generative AI-powered coding engineer
A new generative artificial intelligence startup called Cognition AI Inc. is looking to disrupt coding with the launch of a new tool that can autonomously create code for entire engineering jobs, including its own AI models. That tool’s name is Devin, and it takes the premise of GitHub Inc.’s and Microsoft Corp.’s Copilot developer tool ...
Grafana Labs debuts new features and integrations to enhance Kubernetes observability
Information technology monitoring startup Grafana Labs has announced a long list of updates to its platform in order to help companies to address some of the key challenges around Kubernetes monitoring, ahead of the KubeCon + CloudNativeCon Europe event that kicks off on March 19 in Paris. New York-based Grafana Labs is the developer of Grafana ...
Akamai and Neural Magic team up to accelerate AI workloads on edge CPU servers
Content delivery network and cloud computing company Akamai Technologies Inc. today announced it’s partnering with the artificial intelligence acceleration software firm NeuralMagic Inc. to bolster the AI processing capabilities of its cloud infrastructure platform. The company said it intends to “supercharge” its deep learning capabilities by leveraging Neural Magic’s unique software, which enables AI workloads ...
New cloud deals and demand for generative AI drive strong growth for Oracle
Shares of the database giant Oracle Corp. rose more than 13% in extended trading today after it posted a solid earnings beat, with particularly strong results in its growing cloud business. The company reported third-quarter earnings before certain costs such as stock compensation of $1.41 per share, beating the analysts’ consensus estimate of $1.38 per ...
Ocient closes on $49.4M funding round to streamline always-on data analytics
Hyperscale data processing and analytics startup Ocient Inc. said today it has closed on a bumper $49.4 million round of funding to advance its products and expand its customer base. The round is an extension of its previous $40 million Series B round of funding led by Greycroft and OCA Ventures in January 2021, and ...
IoT asset tracking provider Samsara reports big jump in revenue, and its stock jumps too
Asset-tracking systems provider Samsara Inc. delivered strong fiscal fourth-quarter earnings results today and offered impressive guidance for the current quarter, sending its stock much higher in late trading. The company reported earnings before certain costs such as stock compensation of four cents per share, above its own forecast of two to three cents and ahead ...
MongoDB’s soft guidance prompts after-hours stock selloff
Shares of the database company MongoDB Inc. trended lower in extended trading today after it could offer only weak guidance for the current quarter. The company reported a fiscal fourth-quarter net loss of $55.5 million, down slightly from the $64.4 million loss it delivered one year ago. Earnings before certain costs such as stock compensation came ...
Broadcom beats analysts’ targets, but its stock cools on lower guidance
Chipmaking giant Broadcom Inc. topped Wall Street’s estimates for its fiscal first-quarter sales today as it continued to benefit from cloud infrastructure providers upgrading their data centers to support artificial intelligence, driving demand for its networking chips. However, the company’s stock fell slightly after-hours on somewhat disappointing guidance for the full year. Smaller rival Marvell ...
HP debuts next generation of ‘AI PCs’ plus new partner programs and services
One of the oldest technology companies in the business is embracing the industry’s hottest trends. HP Inc. today announced what it says is the largest-ever portfolio of “AI PCs,” which are designed from the ground up to support new generative artificial intelligence workloads. The new PCs were announced today in Las Vegas at HP Amplify, the ...
