Mike Wheatley
Latest from Mike Wheatley
Cisco beats expectations and its stock rises on growing AI momentum
Cisco Systems Inc. enjoyed another quarter of growing demand amid the artificial intelligence boom, helping it to beat expectations on earnings and revenue as it posted its third-quarter financial results. The company reported earnings before certain costs such as stock compensation of 96 cents per share on revenue of $14.15 billion, up 15% from the ...
Boomi leaps on the agentic AI boom to accelerate business automation
Boomi LP is turning to artificial intelligence-powered agents to help simplify complex application and data integration processes, with the end goal being to try and help accelerate business transformation. It’s doing this with a new platform called Boomi Agentstudio, announced in general availability today, alongside various other innovations, including support for the open-source Model Context ...
Openlayer raises $14.5M to help developers assess and improve AI model performance
Artificial intelligence testing and evaluation startup Openlayer Inc. said today it has raised $14.5 million in an early-stage funding. The money from the Series A round will help it to enhance its platform, which provides enterprises with a host of useful tools to ensure the reliability and efficiency of their AI applications. Today’s round was ...
Informatica’s CLAIRE agents bring AI automation to big data management
Big-data company Informatica LLC is jumping into agentic artificial intelligence at the deep end, unleashing a wave of new AI agents aimed at helping companies automate some of the most laborious tasks associated with enterprise data management. Today the company announced the coming availability of a suite of AI agents called CLAIRE, alongside a set ...
Google gives Android a vibrant, colorful new look with Material 3 Expressive
Google LLC today lifted the lid on a new Android experience, introducing one of the biggest revamps it has ever seen with the launch of a new design language called Material 3 Expressive. Set to arrive in Android 16, Material 3 Expressive is a sweeping new user interface update that aims to make the platform ...
Nvidia, AMD and Amazon to cash in on Saudi Arabia’s AI hub ambitions
Chipmakers Nvidia Corp. and Advanced Micro Devices Inc. said today they’ve been given the green light to ship thousands of powerful semiconductors to Saudi Arabia, as part of a deal brokered by U.S. President Donald Trump. The chips are destined for data centers that will be operated by a company called Humain, which is a ...
AMD announces an EPYC upgrade to its entry-level data center server chips
Chipmaker Advanced Micro Devices Inc. today announced the launch of the latest generation of its popular, general-purpose EPYC central processing units. The EPYC 4005 Series chips come in three form factors, with eight-core, 12-core and 16-core options available. They’re powerful enough to run various artificial intelligence applications at the edge, the company said. Unlike the consumer-focused ...
Google’s new AI Futures Fund turns on the tap for startup founders
Google LLC today announced a new initiative that aims to invest in hot artificial intelligence startups. The AI Futures Fund will back startups ranging from seed to late stage, with various degrees of support on offer. For instance, some startups will receive direct investment from Google, while others will get access to the company’s Gemini AI models. There’s also ...
TensorStax gets $5M in funding to automate data engineering with deterministic AI agents
A startup called TensorStax says it’s looking to bring artificial intelligence-powered automation to the unyielding world of data engineering after raising $5 million in seed funding. Today’s round was led by Glasswing Ventures and saw participation from Bee Partners, S3 Ventures, Gaingels and Mana Ventures. TensorStax is building AI agents that can perform tasks on ...
Classiq gets $110M to build the operating system for quantum computers
Classiq Technologies Ltd., a startup building the software needed to write algorithms for quantum computers, said today it has raised $110 million in a Series C funding round. Today’s round is said to be the largest ever for a quantum software company. Entrée Capital Led the round. Others, including Norwest, NightDragon, Hamilton Lane, Clal, Neva ...