Mike Wheatley
Latest from Mike Wheatley
Rampant cloud growth propels Alphabet to $100B quarterly revenue milestone
Google LLC’s parent company Alphabet Inc. crushed Wall Street’s expectations as it delivered more than $100 billion in quarterly revenue for the first time ever, sending its stock higher in extended trading. The company reported third-quarter earnings before certain costs such as stock compensation of $3.10 per share, easily beating the analyst consensus estimate of ...
Substrate raises $100M to do the impossible and reinvent the chipmaking industry
An extremely ambitious startup called Substrate Inc. said today it has raised an initial $100 million to fund its mission to disrupt the global semiconductor industry and reinvent chipmaking. The company is being backed by high-profile investors including Peter Thiel’s Founders Fund, General Catalyst, Allen & Co, Long Journey Ventures, Valor Equity Partners and In-Q-Tel, ...
Fireworks AI raises $250M at $4B valuation to help enterprises with AI inference workloads
Artificial intelligence inference startup Fireworks AI Inc. said today it has raised $250 million in a Series C funding round that brings its valuation to $4 billion. Lightspeed Venture Partners, Index Ventures and Evantic led the round, and existing backer Sequoia Capital was among the participants, as were Nvidia Corp., Advanced Micro Devices Inc. and ...
GitHub tackles vibe coding chaos with a control center for AI coding agents
Microsoft Corp.’s GitHub unit is trying to get a grip on the growing mass of uncoordinated artificial intelligence coding agents, launching a new control center known as the Agent HQ. It’s meant to serve as a kind of “mission control”, where software developers can manage multiple third-party coding agents in one place. These coding agents ...
Microsoft 365 gets new agents for building apps, workflows and… more agents
Microsoft Corp. is expanding its agentic artificial intelligence offerings with the launch of new agents for building applications and workflows. The App Builder and Workflows agents, available to Microsoft 365 Copilot subscribers in the company’s Frontier Program, can perform tasks autonomously based on simple natural language prompts. In a blog post, Charles Lamanna, Microsoft’s president ...
Redpanda’s new agentic data plane supports secure, governed deployments of AI agents
Real-time data streaming company Redpanda Data Inc. said it’s looking to tackle the regulatory challenges involved in streaming information to artificial intelligence agents with the launch of its new agentic data plane. The launch stems from Redpanda’s recent acquisition of the Structured Query Language engine startup Oxla sp. z o.o., which was also announced today. ...
Adobe’s GenStudio gets a dose of agentic automation and integrates custom models
Adobe Inc. said today it’s enhancing its popular GenStudio platform for marketing teams, adding artificial intelligence agents, tools for building custom large language models and content optimization, in order to accelerate branded content creation. The updates were announced at Adobe MAX, the company’s annual conference for creators, and are said to embed more automation into ...
Confluent shrugs off takeover reports with strong cloud growth, sending stock higher
Shares of the big-data streaming company Confluent Inc. gained more than 7% in late trading today after the company posted solid third-quarter financial results that eased past analysts’ expectations. The company reported earnings before certain costs such as stock compensation of 13 cents per share, surpassing Wall Street’s target of 10 cents per share, while ...
Report: Amazon to let go of up to 30,000 employees, starting this week
Amazon.com Inc. is reportedly planning to let go up to 30,000 employees in what would be its largest ever round of layoffs. Some workers could be let go as early as Tuesday, as the company makes its latest in a series of moves aimed at cutting down costs and conserving cash. A report by Reuters cited ...
Anthropic strikes multibillion-dollar deal with Google to access a million TPUs
Google LLC has struck a deal with the artificial intelligence startup Anthropic PBC that could be worth tens of billions of dollars. The deal will give Anthropic access to up to one million of Google Cloud’s tensor processing units or TPUs, which it wants to use to train and run large language models such as ...