GenAI - CybAI news

27 Sep

Couchbase’s stock crumbles on anticipation of significant growth slowdown – SiliconANGLE

stp2y0 CommentsGenAICouchbase's stock crumbles on anticipation of significant growth slowdown, Mike Wheatley, SiliconANGLE

Database company Couchbase Inc. delivered second-quarter results that came out just ahead of Wall Street’s estimates today, but its stock took a turn for the worse in extended trading, with investors apparently concerned by a slowdown in its growth rate. The company reported a loss before certain costs such as stock compensation of six cents per share in the quarter, slightly better than the eight-cent loss expected by Wall Street. Revenue for the period rose 19.6% to $51.6 million, above the consensus estimate of $51 million. However, it failed to make much inroads in terms of profitability, reporting a net…

27 Sep

Is the modern data stack out over its skis? – SiliconANGLE

stp2y0 CommentsGenAIGuest Author, Is the modern data stack out over its skis?, SiliconANGLE

Input from theCUBE and data practitioner communities suggests that acceleration in compute performance and the sophistication of the modern data stack is outpacing the needs of many traditional analytic workloads. Most analytics workloads today are performed on small data sets and generally can run on a single node, somewhat neutralizing the value of distributed, highly scalable data platforms. As such, we believe today’s modern stack, or MDS, which started out serving dashboards, must evolve into an intelligent application platform that harmonizes complex data estates and supports a multi-agent application system. Data platforms are sticky, but we believe market forces are conspiring…

27 Sep

Oracle buries the hatchet with AWS, bringing its database to the world’s top cloud platform – SiliconANGLE

stp2y0 CommentsGenAIbringing its database to the world's top cloud platform, Mike Wheatley, Oracle buries the hatchet with AWS, SiliconANGLE

Oracle Corp. dropped a bombshell today with the news that it has put aside its longstanding differences with Amazon Web Services Inc., forming a “strategic partnership” with its former enemy to bring its Autonomous Database offering to the world’s biggest cloud infrastructure platform. The announcement ahead of Oracle Cloud World this week in Las Vegas came as the database giant also revealed its database services are now generally available on the world’s second- and third-biggest clouds – Microsoft Azure and Google Cloud. With the launch of Oracle Database@AWS, customers will be able to access the Oracle Autonomous Database and the Oracle Exadata Database…

27 Sep

Amplitude unveils simplified platform to streamline user experience and data collection – SiliconANGLE

stp2y0 CommentsGenAIAmplitude unveils simplified platform to streamline user experience and data collection, Duncan Riley, SiliconANGLE

Behavior-tracking software firm Amplitude Inc. today launched a new, simplified platform experience designed to make it easier for users to get started with the company’s products. Called Amplitude Made Easy, the new platform introduces new capabilities and a revamped user experience that “removes the heavy lifting” to allow teams to turn customer understanding into a better product experience quickly. The first new feature, Autocapture, simplifies the setup process for Amplitude users by significantly reducing the time and technical expertise required to begin collecting data. Previously, the company says, teams have needed weeks of engineering effort to establish data pipelines and event instrumentation. Now,…

27 Sep

MariaDB goes private after acquisition by K1 Investment Management – SiliconANGLE

stp2y0 CommentsGenAIDuncan Riley, MariaDB goes private after acquisition by K1 Investment Management, SiliconANGLE

Database management system provider MariaDB plc announced today that it has been acquired by K1 Investment Management for an undisclosed price. MariaDB had previously disclosed in February that it had received takeover interest from K1, including having received an unsolicited nonbinding proposal to acquire the company. Under the earlier proposal, K1 was offering to take MariaDB private for 55 cents per share at a cost of $37 million. Founded in 2009, MariaDB offers a paid version of the open-source relational database software of the same name. The company’s products are designed to deliver high availability, scalability and performance, making them a…

27 Sep

Financial risk management startup Datricks raises $15M to help enterprises identify fraud – SiliconANGLE

stp2y0 CommentsGenAIFinancial risk management startup Datricks raises $15M to help enterprises identify fraud, Mike Wheatley, SiliconANGLE

A startup called Data.R.X LTD, which likes to be known as Datricks, has closed on a $15 million Series A funding round after developing a platform that uses artificial intelligence to try and uncover financial fraud at enterprises and other organizations. Today’s round was led by Team8 and saw participation from SAP SE’s venture capital arm, along with existing investors Jerusalem Venture Partners. It comes shortly after the launch of Datricks for Risk Mining as an SAP Endorsed App. Datricks has created what it likes to call a “financial integrity” tool that uses AI algorithms to analyze and map organization’s…

27 Sep

Exploring the updates to Zoho’s data management platforn – SiliconANGLE

stp2y0 CommentsGenAISiliconANGLE, Victor Dabrinze, Zoho updates its analytics platform with Zia Insights and self-service data preparation

If data is the new oil, modern data management platforms such as Zoho are its refinery. In a world where companies struggle with extracting value from data, the newest iteration of Zoho Analytics aims to make data more accessible and actionable for businesses worldwide. “The beauty is we have a common data model where everything maps into,” said Chandrashekar LSP, managing director at Zoho Corp. Pvt. Ltd. “We help organizations with an analytics journey because all that you had to do was connect to your business application, be it a CRM or a projects tool. And then we automatically create the data…

27 Sep

Linux Foundation to host AWS’ OpenSearch search and analytics engine – SiliconANGLE

stp2y0 CommentsGenAIKyt Dotson, Linux Foundation to host AWS' OpenSearch search and analytics engine, SiliconANGLE

The Linux Foundation today announced the launch of the OpenSearch Software Foundation, a community-driven initiative that will support the search software, which is used by developers around the world to build search, analytics, observability and vector database applications. Originally hosted by Amazon Web Services Inc., OpenSearch was founded in 2021 as a community-driven initiative, Carl Meadows, director of product for OpenSearch at AWS, told SiliconANGLE in an interview. It was forked from AWS’ Elasticsearch distributed search and and analytics engine service but released under the open-source Apache license. The company is now transferring the project to The Linux Foundation to…

27 Sep

Confluent enhances support for Apache Flink, easing access to real-time data streams – SiliconANGLE

stp2y0 CommentsGenAIConfluent enhances support for Apache Flink, easing access to real-time data streams, Mike Wheatley, SiliconANGLE

The data streaming company Confluent Inc. today introduced the latest version of flagship platform Confluent Cloud, with the headlines features aimed at simplifying and securing deployments of the Apache Flink data processing tool. New features include support for Table API, which makes Apache Flink easier to use for developers who working with the Java and Python programming languages. It’s also adding an extension for Visual Studio Code to support real-time development use cases, plus a private networking capability and client-side field-level encryption to safeguard sensitive data. Confluent Cloud is a managed data streaming platform that’s used by enterprises to help…

27 Sep

AI Surge Could Trigger Global Chip Shortage by 2026

stp2y0 CommentsGenAI

Another global chip shortage could be looming, with a new report predicting skyrocketing demand for AI-related products and services that suppliers may struggle to meet. AI workloads could grow by between 25% and 35% annually up to 2027, according to consultancy Bain and Company. However, a demand increase of just 20% has a high likelihood of upsetting the equilibrium and plunging the world into another chip shortage. “The AI explosion across the confluence of the large end markets could easily surpass that threshold, creating vulnerable chokepoints throughout the supply chain,” the authors of the Global Technology Report 2024 wrote. Our…