GenAI - CybAI news

02 Jul

No-code technologies driving data innovation at Databricks – SiliconANGLE

stp2y0 CommentsGenAIChad Wilson, Databricks leads the way in open-source and no-code technologies: key analysis, SiliconANGLE

The data and artificial intelligence landscape is undergoing a transformative shift with the integration of no-code technologies to enhance efficiency and innovation. One of the companies leading this charge is Databricks Inc., whose recent developments promise to streamline data management and processing through open-source initiatives and advanced automation. DbInsight’s Tony Baer talks to theCUBE about no-code technologies. “We’ve seen the waves of innovation,” said John Furrier, executive analyst at the CUBE Research. “Another era you’re seeing a lot of potential big moves coming, and Databricks is laying down a lot of strong game here by going for the long game…

02 Jul

Legacy data migration to Databricks: Fast transition sitename%%

stp2y0 CommentsGenAIImpetus Technologies sees continued momentum for AI as it speeds legacy data migration to Databricks, Mark Albertson, SiliconANGLE

As a partner with Databricks Inc., Impetus Technologies Inc. has been active over the past year in legacy data migration of large-scale environments to the Databricks platform. It is important work for many organizations seeking to rapidly transition from legacy systems and realize the value of data analytics and generative AI. Jeff Veis and Anand Raman of Impetus Technologies talk with theCUBE about legacy data migration. “We’ve built IP that’s helped Databricks consume much, much faster,” said Anand Raman (pictured, right), chief revenue officer of Impetus Technologies. “We’ve been the fastest accelerator for Databricks consumption … because we have a…

02 Jul

Data transformation in AI: A shift toward integrated, user-friendly platforms – SiliconANGLE

stp2y0 CommentsGenAIChad Wilson, How data transformation is shaping the future of AI: analyst insights from Howie Xu, SiliconANGLE

The data transformation sweeping through the artificial intelligence industry marks a significant shift toward integrated, user-friendly platforms and innovative growth strategies. Spearheaded by companies such as Databricks Inc., this evolution is characterized by rapid expansion and strategic acquisitions designed to bolster capabilities. This transformative period is driven by the increasing need to manage diverse workloads, enhance programmatic functions and address complex issues surrounding data governance, security and compliance. As the industry adapts to these demands, it sets the stage for a new era of technological advancement and efficiency. Analyst Howie Xu talks with theCUBE about Databricks and data transformation. “It’s…

02 Jul

Tinybird reels in $30M for its real-time data platform – SiliconANGLE

stp2y0 CommentsGenAIMaria Deutscher, SiliconANGLE, Tinybird reels in $30M for its real-time data platform

Tinybird Inc., a startup with a platform for powering real-time analytics projects, today announced that it has raised $30 million in funding. Balderton Capital led the Series B investment with participation from returning backers CRV, Singular and Crane. A source told TechCrunch that Tinybird is now worth $240 million. Many applications require the ability to process data immediately after it’s generated. Information about a potential network breach, for example, must be sent to a company’s cybersecurity tools as soon as possible to minimize the amount of time the hackers have to infect internal systems. An e-commerce website, in turn, requires…

02 Jul

Multi-model database startup SurrealDB raises $20M and announces cloud beta access – SiliconANGLE

stp2y0 CommentsGenAIMike Wheatley, Multi-model database startup SurrealDB raises $20M and announces cloud beta access, SiliconANGLE

Open-source database startup SurrealDB Inc. said today it has closed on a $20 million funding investment that will fund its ambitions to disrupt the big data industry. The round, led by FirstMark and Georgian with participation from Crew Capital and Alumni Ventures, brings the company’s total amount raised to date to $26 million. The startup is the creator of what it calls a “multi-model database,” which consolidates various database types into a single platform, eliminating the need for enterprises and application developers to use multiple systems for different types of data. The cloud-based SurrealDB enables developers to adapt to various…

02 Jul

Data + AI Summit focuses on Databricks’ open sourcing of Unity Catalog, AI development – SiliconANGLE

stp2y0 CommentsGenAIDevony Hof, SiliconANGLE, Three insights you might have missed from theCUBE’s coverage of Data + AI Summit

The competition in the data industry is intensifying as Databricks Inc. vies for dominance. The company has thrown down the gauntlet by open-sourcing its Unity Catalog. Data giants Databricks and Snowflake Inc. hosted events within a week of each other. Last week’s Data + AI Summit showcased Databricks’ increasing momentum and emphasis on collaboration. More than 66% of the contributions to Spark are coming from outside Databricks, according to Rob Strechay (pictured, left), principal analyst at theCUBE Research. The company’s announcement that it was open sourcing Unity, a unified governance solution for data and artificial intelligence, follows news of Snowflake’s upcoming release of Polaris,…

02 Jul

New and improved camera inspired by the human eye

stp2y0 CommentsGenAIBrain-Computer Interfaces; Perception; Psychology; Consumer Electronics; Detectors; Engineering; Photography; Artificial Intelligence; Neural Interfaces

A team led by University of Maryland computer scientists invented a camera mechanism that improves how robots see and react to the world around them. Inspired by how the human eye works, their innovative camera system mimics the tiny involuntary movements used by the eye to maintain clear and stable vision over time. The team's prototyping and testing of the camera -- called the Artificial Microsaccade-Enhanced Event Camera (AMI-EV) -- was detailed in a paper published in the journal Science Robotics in May 2024. "Event cameras are a relatively new technology better at tracking moving objects than traditional cameras, but…

02 Jul

Finbourne raises £55M to break down financial data silos with AI – SiliconANGLE

stp2y0 CommentsGenAIFinbourne raises £55M to break down financial data silos with AI, Mike Wheatley, SiliconANGLE

U.K.-based financial data management startup Finbourne Technology Ltd. said today it has closed on a £55 million ($70 million) middle-stage funding round to help make life easier for investment managers and financial institutions by providing them with artificial intelligence-powered insights. Today’s Series B round was led by Highland Europe and AVP, and comes after the company closed on a £15 million investment in 2021. The company was established in 2016 by a team of bankers and investors who previously worked at institutions such as UBS Group AG and Nomura Holdings Inc. Their mission is to reinvent the way financial firms…

02 Jul

Decoding the chess moves of Snowflake and Databricks – SiliconANGLE

stp2y0 CommentsGenAIDecoding the chess moves of Snowflake and Databricks, Guest Author, SiliconANGLE

As customers try to “get artificial intelligence right,” the need to rationalize siloed data becomes increasingly important. Data practitioners could put all their data eggs into a single platform basket, but that’s proving impractical. As such, firms are moving to an open model where they maintain control of their data and can bring any compute engine to any of their data. While compelling, the capabilities to govern open data across an entire estate remain immature. Regardless, the move toward open table formats is gaining traction and the point of control in the data platform wars is shifting from the database…

02 Jul

CData raises $350M in growth capital to enhance data connectivity solutions – SiliconANGLE

stp2y0 CommentsGenAICData raises $350M in growth capital to enhance data connectivity solutions, Duncan Riley, SiliconANGLE

Data access and connectivity solutions company CData Software Inc. today announced that it has raised about $350 million in growth capital to accelerate its investments in building innovative data integration solutions for customers. Founded in 2016, CData offers data integration solutions for real-time access to online on on-premises applications, databases and web application programming interfaces. The company’s self-service data products and connectivity solutions provide universal access to live data from hundreds of popular on-premises and cloud applications. CData argues that as companies are processing and sharing more data than ever across different sources, bridging these data silos has become increasingly…