Mike Wheatley
Latest from Mike Wheatley
Updated: Dell reduces its global workforce by 13,000 jobs
Enterprise technology company Dell Technologies Inc. revealed in a filing today that it has slashed its workforce by about 13,000 employees, as part of a broader cost-cutting initiative that also included putting limits on external hiring. According to Reuters, Dell’s global workforce stood at approximately 120,000 employees as of Feb 2, 2024, down from about ...
AI decision-making startup RealSage raises $4M to transform real estate asset management
RealSage, creator of a decision-making engine for real estate asset managers, said today it’s ready to transform the real estate industry after closing on a $4 million seed funding round. Today’s investment was led by York IE, a venture capital firm that specializes in software-as-a-service startups. The round also saw contributions from Karman Ventures, Stellifi ...
Five9’s new GenAI Studio simplifies generative AI model customization for contact centers
Call center software company Five9 Inc. said today it wants to help customers adopt superior generative artificial intelligence models with its new GenAI Studio product. The new offering will launch in the second half of the year, making it easier for customers to take off-the-shelf generative AI models such as OpenAI’s GPT-4 and customize them ...
ANALYSIS
Emad Mostaque resigns as CEO of troubled generative AI startup Stability AI
Stability AI Ltd.’s colorful co-founder and Chief Executive Emad Mostaque has resigned, heaping yet more pressure on the troubled British artificial intelligence startup that has recently been hit with a wave of executive departures and money troubles. Mostaque (pictured) will be replaced by Stability AI Chief Operating Officer Shan Shan Wong and Chief Technology Officer ...
Qualcomm’s new Snapdragon 7+ Gen 3 chip brings generative AI to midrange smartphones
Smartphone chipmaker Qualcomm Inc. said today it’s bringing powerful generative artificial intelligence capabilities to midrange handsets with the launch of its latest chipset, the Snapdragon 7+ Gen 3. The new silicon provides support for generative AI models such as Llama 2, Gemini Nano and Baichuan-7B, meaning the smartphones that run it will be able to power ...
Nvidia’s latest generative AI model LATTE3D can create 3D images and shapes in seconds
Researchers at Nvidia Corp. closed out this year’s GTC 2024 conference today by unveiling a new, more powerful text-to-3D generative artificial intelligence model. It’s called LATTE3D, and it works by transforming text-based prompts into realistic, 3D representations of objects and animals in a matter of seconds. The generated shapes are created in a popular format ...
Micron’s stock posts huge gain after crushing forecasts in its latest earnings results
Shares of the computer chipmaker Micron Technology Inc. were trading more than 16% higher in late trading Wednesday, after the company posted a surprise second-quarter profit and an outlook that vastly exceeded Wall Street analysts’ expectations. The Street had anticipated a strong quarter from the company, but the strength of its results and its guidance ...
ServiceNow injects more generative AI capabilities into its workflow platform
Enterprise workflow software giant ServiceNow Inc. is beefing up its platform with yet another dose of generative artificial intelligence capabilities. The new features, which come as part of the new Washington D.C. release, are designed to enhance the existing Now Assist generative AI experiences, which deliver embedded, intelligent automation across the company’s platform. The Now ...
Nvidia GTC 2024 day two analysis: Generative AI emerges as the new seed of innovation
Nvidia Corp.’s graphics processing units sit at the heart of almost every artificial intelligence system in use today, and they’ve become especially critical for the most powerful large language models that power generative AI technologies such as ChatGPT. The company has emerged from almost nowhere just a few years ago to dominate the AI industry, ...
Meteomatics collaborates with Nvidia to enhance its hyper-local weather forecasts with AI
Weather intelligence technology startup Meteomatics AG today revealed that it’s partnering with Nvidia Corp. to enable more hyper-localized, up-to-the-minute weather forecasts with unprecedented accuracy, in what it says will be a game-changing move for sustainable energy companies. The startup is already capable of delivering hyper-local weather forecasts several hours before the predicted conditions unfold, using ...