Mike Wheatley
Latest from Mike Wheatley
Alphabet’s stock climbs as Google Cloud revenue runs rampant, growing 63%
Google LLC’s parent company Alphabet Inc. delivered a stunning earnings beat as it reported its first-quarter financial results today, with sales also surpassing expectations thanks to rampant growth in its cloud infrastructure business. The company reported earnings before certain costs such as stock compensation of $5.11 per share, almost double the $2.63-per-share analyst target. Revenue ...
Amazon cruises to another solid earnings and revenue beat
Shares of Amazon.com Inc. edged higher in late trading today after the company reported better-than-expected first-quarter earnings and revenue, as cloud computing sales topped analysts’ expectations. The company reported adjusted earnings of $2.78 per share, crushing Wall Street’s forecast of just $1.64 per share, while revenue for the period increased 17% from a year earlier, ...
Parag Agrawal’s startup raises $100M to build a parallel web for AI agents
Former Twitter Inc. Chief Executive Parag Agrawal has raised $100 million to fund his new startup Parallel Web Systems Inc., which is focused on enabling artificial intelligence agents to search the web more efficiently. Sequoia Capital led today’s Series B round and was joined by existing investors Kleiner Perkins, Index Ventures and Khosla Ventures, bringing ...
Elon Musk accuses OpenAI CEO Sam Altman of trying to ‘steal’ a charity
Billionaire technology entrepreneur Elon Musk took the stand today in a landmark trial that pits him against OpenAI Group PBC Chief Executive Sam Altman, with the outcome set to have a major impact on the future of artificial intelligence. “Fundamentally I think they’re going to try to make this lawsuit seem complicated,” Musk said as ...
Strong momentum across all markets helps NXP’s profit surge
Dutch chipmaker NXP Semiconductors N.V. more than doubled its total profit as it saw strong growth across all four of its major business segments in the first quarter. The company today reported earnings before certain costs such as stock compensation of $3.05 per share, surpassing Wall Street’s forecast of $2.98 per share. Revenue for the ...
AWS accelerates enterprise agentic automation with expanded Amazon Connect portfolio
Amazon Web Services Inc. is moving agentic artificial intelligence up the software stack with the launch today of an expanded Amazon Connect portfolio, which has evolved into four distinct offerings that aim to automate complex, industry-specific workflows. The expansion effectively rebrands the original Amazon Connect cloud contact center service into Amazon Connect Customer AI, while ...
Amazon revamps Quick as a proactive desktop app that gets work done
Amazon.com Inc. is digging further into the artificial intelligence assistant game today with a major update to Amazon Quick. Whereas other chatbots offer tons of promise but often result in more work for the user, the revamped Amazon Quick is billed as a deeply personalized and proactive assistant that lives within user’s desktops to get ...
Appian adopts MCP protocol and partners with Snowflake to provide more structure and control for AI agents
Business process automation software company Appian Inc. is stepping up its game in agentic artificial intelligence, announcing major updates to its platform focused on AI-assisted application development and Model Context Protocol integration. The company announced the updates at its annual user conference Appian World 2026, where it explained how anchoring AI within processes can eliminate ...
Altair Semiconductor raises $50M after completing spinoff from Sony
Altair Semiconductor Ltd. has returned to its roots as an independent company after its parent completed a strategic spinoff from Sony Semiconductor Solutions Corp. With the successful split, Altair has secured $50 million in funding from Pitango Group. Sony Corp. will remain one of the largest shareholders in Altair, a decision that reflects its continued belief ...
Microsoft reveals how Accenture deployed Copilot to 700,000+ users at Accenture
Microsoft Corp. has partnered with Accenture Plc on the largest-ever deployment of its artificial intelligence tool Microsoft 365 Copilot, rolling it out to the consultancy’s global workforce of more than 743,000 people – roughly equivalent to the population of Denver. The sheer scale of the rollout is truly a show of force, for Microsoft claims ...