Mike Wheatley
Latest from Mike Wheatley
Nvidia claims record-breaking BlueField-2 DPU performance tests
Nvidia Corp. is making some big claims about the performance of its specialized BlueField-2 data processing units, saying they offer more than four times faster input/output operations per second than any other currently available chip of its kind. That’s according to the results of Nvidia’s own benchmark tests. Published today, the findings show that a ...
Identity and access control startup PlainID raises $75M
Self-styled authorization management startup PlainID Inc. is feeling significantly more well off today after closing on a $75 million round of funding that brings its total amount raised to $100 million. The Series C round was led by Insight Partners, with participation from Itai Tsiddon, Viola Ventures and all other existing investors, the company said. ...
AppDirect partners with CDPQ to provide flexible funding to tech startups
AppDirect Inc., the cloud-based business commerce platform provider, is launching a new initiative called AppDirect Capital aimed at providing its technology partners with a more flexible form of financing to power their growth. The fund is being launched in partnership with the global investment group Caisse de dépôt et placement du Québec. Together with AppDirect, ...
PC monitor sales decline as pandemic demand wavers
Personal computer monitor shipments have recorded their first year-over-year decline since the start of the pandemic, a sign that a boost in hardware sales resulting from the remote work trend is coming to an end. International Data Corp. said in its Worldwide Quarterly PC Monitor Tracker that shipments fell 7.2% in the third quarter of ...
Bizongo raises $110M and launches ‘cloud factory’ to boost supply chain visibility
Business-to-business supply chain enablement firm Bizongo said today it has raised $110 million in a funding round led by New York-based Tiger Global, bringing its valuation to the $600 million mark. New investors CDC and IFC EAF also participated in the round, along with previous backers B Capital, Chiratae Ventures, Schroder Adveq, IFC and Add Ventures ...
Report: Oracle targets healthcare data analytics firm Cerner for $30B acquisition
Database giant Oracle Corp. is reportedly in advanced discussions to buy the electronic medical records firm Cerner Corp. for about $30 billion, which would be the largest acquisition in Oracle’s history and extend its already deep push into the healthcare industry. The Wall Street Journal late today cited people familiar with the matter as saying a ...
Verizon and Google team up to provide 5G edge computing services
Verizon Communications Inc. and Google LLC said today they’re partnering to bring edge computing services to more of their customers through the former’s 5G network. The idea is to combine Verizon’s 5G Edge network services with the Google Distributed Cloud Edge platform to offer customers enhanced compute and storage capabilities at the edge over 5G. ...
No-code cloud analytics startup Sigma Computing raises $300M
No-code cloud analytics and business intelligence firm Sigma Computing Inc. has closed on what may well be one of the last big funding rounds of 2021, raising $300 million in the process. Today’s Series C funding round was co-led by D1 Capital Partners and XN, with participation from existing investors Sutter Hill Ventures and Altimeter ...
Adobe’s stock falls hard and fast as guidance falls short of expectations
Creative design software firm Adobe Inc.’s stock lost more than 10% of its value today after it projected fiscal first-quarter and full-year 2022 revenue that came way below analysts’ estimates. It as the second-worst one-day stock drop Adobe has suffered in more than a decade, surpassed only by a 15% slide in March 2020 when ...
Utilidata and Nvidia are building an AI-powered chip to help integrate renewable energy into the grid
Utilidata Inc., a company that makes software for smart electricity meters and other energy industry applications, said today it’s working with Nvidia Corp. to develop a highly customized “smart grid chip.” The plan is to embed the new chip into smart meters to boost grid resiliency and better integrate distributed energy resources such as solar ...