GenAI

Eon raises $127M to simplify access to cloud data backups – SiliconANGLE

Eon raises $127M to simplify access to cloud data backups – SiliconANGLE

Cloud data backup specialist Eon exited stealth mode today, saying the time is right for it to reveal its plans to disrupt the data protection market. It’s extremely confident in its ability to do that, after raising an impressive $127 million since its founding in January. The money comes from not one funding round, but three, at a reported $750 million valuation. It began with a $20 million seed round shortly after the company was formed that was led by Sequoia Capital, with participation from Vine Ventures, Meron Capital and Eight Roads. It followed that with a $30 million Series A…
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DataPelago raises $47M to optimize hardware for analytical workloads – SiliconANGLE

DataPelago raises $47M to optimize hardware for analytical workloads – SiliconANGLE

DataPelago Inc. today unveiled what it calls a “universal data processing engine” that powers high-speed computing at massive scale by making better use of an organization’s underlying infrastructure. The three-year-old startup also announced $47 million in new funding. The company’s cloud-based software framework is independent of the operating system and leverages all available CPU, graphics processing units, floating point units and data processing units to apply to generative artificial intelligence and “data lakehouse” analytics across large volumes of unstructured data. The engine is based on two intelligent layers called the DataVM and the DataOS. Together they process data in the…
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With InsightEngine, Vast Data aims to be the data operating system for AI – SiliconANGLE

With InsightEngine, Vast Data aims to be the data operating system for AI – SiliconANGLE

Data storage company Vast Data Inc. is putting the infrastructure in place for enterprises that want to use data retrieval to enhance the capabilities of their artificial intelligence systems. Today it announced the launch of Vast InsightEngine with Nvidia, set to enter general availability early next year. It will allow organizations to ingest, process and retrieve all of their enterprise data, including files, objects, tables and data streams, securely and in real time, the company said. The announcement came as Vast Data revealed a new initiative called Cosmos, which aims to transform how enterprises build and advance AI. It’s a…
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Google Cloud beefs up database services for generative AI workloads – SiliconANGLE

Google Cloud beefs up database services for generative AI workloads – SiliconANGLE

Google Cloud said today it’s updating multiple database services, including AlloyDB, Spanner and Memorystore for Valkey 7.2, with new features that should make them more suitable for generative artificial intelligence applications. To begin with, Google announced that it’s making the ScaNN vector index generally available in AlloyDB, which is the company’s fully managed PostgreSQL-compatible database service, aimed at high-performance database workloads. In a blog post, Andi Gutmans, Google Cloud’s general manager and vice president of engineering of databases, explained that the ScaNN vector index is the same technology that powers services such as Google Search and YouTube. The ScaNN technology…
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Big-data company dbt Labs’ new AI copilot to simplify data analytics lifecycles – SiliconANGLE

Big-data company dbt Labs’ new AI copilot to simplify data analytics lifecycles – SiliconANGLE

Big-data company dbt Labs Inc. kicked off its annual user conference Coalesce 2024 in Las Vegas this week with a host of updates to its flagship dbt Cloud product, saying they will help cement its status as a “data control plane” for enterprise analytics. The company said the new services announced at the event support users across every stage of the analytics development lifecycle, introducing what the company says is unrivaled cross-platform flexibility. They include a new artificial intelligence-powered copilot that’s embedded throughout the dbt Cloud platform, enabling more people to contribute to analytics workflows by simplifying various data preparation tasks.…
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Open-source BI startup Lightdash raises $11M and launches its first AI data analyst – SiliconANGLE

Open-source BI startup Lightdash raises $11M and launches its first AI data analyst – SiliconANGLE

London-based business intelligence startup Lightdash, officially known as Telescope Technology Ltd., said today it has raised $11 million in an early-stage funding round. Today’s Series A round was led by Accel and saw participation from new investors Operator Partners and Shopify Ventures, plus existing backers that took part in the company’s seed round two years earlier, such as Y Combinator and a number of angels. The company describes its platform as a kind of open-source rival to Google LLC’s Looker. It offers a command-line-based data transformation tool called dbt, which leverages Structured Query Language to help business workers transform raw…
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RAG data preparation startup Vectorize launches with $3.6M in seed funding – SiliconANGLE

RAG data preparation startup Vectorize launches with $3.6M in seed funding – SiliconANGLE

Data integration startup Vectorize AI Inc. says its software is ready to play a critical role in the world of artificial intelligence after closing on a $3.6 million seed funding round today. The round was led by True Ventures, and was announced alongside the debut of its novel platform that’s meant to aid in retrieval-augmented generation or RAG. The startup is aiming to tackle a problem it has identified among AI practitioners, namely the challenge of taking various bits and bytes of unstructured data like written documents, video, audio files and so on, and transforming these so they can be…
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Google Cloud brings Gemini models to Looker to create conversational AI agents using private data – SiliconANGLE

Google Cloud brings Gemini models to Looker to create conversational AI agents using private data – SiliconANGLE

Just a week after it updated a host of its cloud database services, Google Cloud is rolling out yet more data-focused updates, with a focus on helping companies to build artificial intelligence agents that can perform tasks on behalf of their users. Gerrit Kazmaier, Google Cloud’s general manager and vice president of data analytics, revealed various other capabilities too, including support for open data table formats, expanded vector search features, more governance controls and a semantic search experience in BigQuery. Gemini-powered data agents To simplify the process of building AI agents, Google is rolling out a series of new conversational application…
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Data integration strategy for cybersecurity insights – SiliconANGLE

Data integration strategy for cybersecurity insights – SiliconANGLE

In today’s digital landscape, a strong data integration strategy is essential for organizations to extract actionable insights in real time. The massive influx of data has created a critical need for tools that streamline data collection, processing and analysis. This is especially true in the realm of cybersecurity, where timely insights can mean the difference between thwarting an attack or becoming a victim, according to Vlad Melnik (pictured, right), vice president of global alliances at Cribl Inc. Cribl’s Ed Bailey and Vlad Melnik talk to theCUBE about data integration strategy. “Cribl is all about data. We are a data management…
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Halifax Airport taps predictive insights for improved service – SiliconANGLE

Halifax Airport taps predictive insights for improved service – SiliconANGLE

In an era where airport delays seem unavoidable, Halifax International Airport is setting a new standard for operational efficiency by harnessing data for accurate decision-making. How has the airport overhauled operations, using predictive insights, to improve overall customer experiences? Halifax’s Ryan Garnett talks with theCUBE about how airports use data for predictive insights. “I did an assessment, and we looked at it, and the big thing for me is I needed to own my data,” said Ryan Garnett (pictured), senior manager of business solutions at Halifax International Airport Authority. “I didn’t want to be data-locked. And I had worked at some other places…
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