Mike Wheatley
Latest from Mike Wheatley
New funding round could raise Databricks’ value to more than $43B
Big-data software giant Databricks Inc. is reportedly holding talks with the global investment management giant T. Rowe Price Group Inc. on a fresh round of funding that could bring its value to more than $43 billion. The report from Bloomberg noted that talks are still at a “preliminary” stage, adding that the parties may not reach ...
Intel unveils next-gen Sierra Forest and Granite Rapids Xeon CPUs for data center workloads
Intel Corp. has revealed a host of new details about the architecture of next year’s Xeon central processing units, geared for data center servers and workstation applications. Intel has yet even to launch the fifth generation of its Xeon CPUs, but today’s unveiling at the Hot Chips conference at Stanford University provided a decent insight ...
Automated software testing startup Qualiti lands $6.5M in seed funding
Software testing automation startup Qualiti Inc. said today it has closed on a $6.5 million round of seed funding led by Sierra Ventures with participation from Epic Ventures. Qualiti has created an automated platform that uses generative artificial intelligence to help developers spin up a full testing suite for any software program or application in ...
Augmented data analytics platform ConverSight raises $9M in Series A funding
Unified decision intelligence startup ConverSight.ai. Inc. said today it has closed on a $9 million early-stage round of funding. The Series A round was led by Surface Ventures and saw participation from Techstars, Augment Ventures, Elevate Ventures and other existing investors. ConverSight is the creator of a no-code and low-code augmented analytics platform that helps ...
Google Cloud debuts trio of cloud storage services for data-hungry AI workloads
Google Cloud said today it’s enhancing its cloud storage options to help customers come to grips with the unique demands of artificial intelligence workloads that are notoriously data-intensive. The three new storage offerings announced today include Parallelstore, Cloud Storage FUSE and Google Cloud NetApp Volumes. They can all be accessed via the Google Cloud Console, ...
NetApp beats expectations despite overall revenue slowdown but stock sags
Data storage giant NetApp Inc. beat expectations as it delivered its first-quarter financial results today. However, its revenue was down overall and although the company maintained its full-year profit outlook, it noted that it continues to face a “challenging macroeconomic environment” that has forced enterprises to make cuts to their information technology spending budgets. The ...
Snowflake beats expectations and maintains full-year guidance, sending its stock higher
Shares of the cloud data warehouse firm Snowflake Inc. moved higher in extended trading today after the company beat expectations for its second-quarter earnings and kept its full-year revenue forecast steady. On the other hand, Snowflake’s guidance for the current quarter came up just short of Wall Street’s targets. Perhaps as a result, its stock ...
Nvidia’s stock climbs to record high as AI boom ignites rapid revenue growth
Shares of Nvidia Corp. rose more than 6% in extended trading to close at their highest ever value, as the company smashed Wall Street’s targets in its second-quarter financial results and offered strong guidance. The chipmaker said its impressive growth is being driven, not surprisingly, by the rise in artificial intelligence and a shift toward ...
Twilio’s engagement tools become more intelligent and aware with CustomerAI
Twilio Inc. said today it’s infusing its customer engagement tools with a hefty dose of artificial intelligence. At its annual user conference SIGNAL 2023, it announced new predictive and generative AI capabilities to drive deeper insights into customers and power recommendations and suggestions for developers. Twilio made its name for its application programming interfaces, which ...
VC firm Tiger Global looks to cash in on its early investment in OpenAI rival Cohere
The venture capital firm Tiger Global Management LLC is looking to cash in on an astute early investment in the artificial intelligence startup Cohere Inc., according to a report today by The Information. The report says Tiger Global is looking to sell a 2.1% stake in Cohere for about $63 million, equal to the dollar ...









