SiliconANGLE

Teradata’s Trusted AI powers innovation at Teradata Possible 2024 – SiliconANGLE

Teradata’s Trusted AI powers innovation at Teradata Possible 2024 – SiliconANGLE

Trusted AI remains a focal point for enterprise leaders as they seek to drive innovation and operational efficiency. A recent study, commissioned by Teradata Corp. and NewtonX Inc., explored artificial intelligence’s evolving role in modern business environments, surveying more 300 C-suite executives across multiple industries. The results provide a snapshot of the growing optimism around AI’s potential, with 90% of respondents agreeing that AI will significantly impact their companies’ future success. However, notable hurdles temper this optimism, especially when it comes to expanding and ensuring the dependability and security of AI initiatives. Teradata is tackling these challenges by offering scalable…
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Financial risk management startup Datricks raises $15M to help enterprises identify fraud – SiliconANGLE

Financial risk management startup Datricks raises $15M to help enterprises identify fraud – 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…
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HP applies AI to fix the most maddening printing problems as it debuts new AI PCs – SiliconANGLE

HP applies AI to fix the most maddening printing problems as it debuts new AI PCs – SiliconANGLE

HP Inc. today said it’s addressing some of the most common frustrations users have with printing webpages by introducing a new technology that it advertises as the “industry’s first intelligent print experience.” HP Print AI features a new capability called Perfect Output that reformats and reorganizes content to fit on the page in a way that closely matches what the user sees on the screen. The feature does away with much of the unnecessary white space that is common when printing web screens and can detect and remove unwanted content such as ads and unnecessary text. Perfect Output also addresses…
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Salesforce buys Israeli startup Zoomin to feed more data to its AI agents – SiliconANGLE

Salesforce buys Israeli startup Zoomin to feed more data to its AI agents – SiliconANGLE

Salesforce Inc. has returned to Israel to make a second major acquisition, splashing out to acquire a company called Zoomin Software Ltd. that offers tools for processing unstructured data. The deal comes less than three weeks after Salesforce splurged $1.9 billion to acquire the Israeli cloud data backup specialist Own Co. It’s paying a lot less to buy Zoomin, with today’s deal valued at about $450 million. Zoomin has previously raised about $70 million in venture capital to date, with its chief backers including Bessemer Venture Partners, General Atlantic, Viola Growth and Salesforce itself, via its Salesforce Ventures arm. As…
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Exploring the updates to Zoho’s data management platforn – SiliconANGLE

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

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…
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NetApp redefining hyperscaler partnerships for AI storage – SiliconANGLE

NetApp redefining hyperscaler partnerships for AI storage – SiliconANGLE

NetApp Inc. is rethinking its strategic positioning in enterprise storage. Beyond just hardware, the company is embracing the cloud, through hyperscaler partnerships, in ways that meet the needs of a rapidly evolving tech landscape.  NetApp’s Pravjit Tiwana discusses hyperscaler partnerships with theCUBE. “Thanks to all three major hyperscaler partners in Amazon, Microsoft and Google, we are in more than 100 regions now,” said Pravjit Tiwana (pictured), senior vice president and general manager of the Cloud Storage Business Unit at NetApp. “The global availability; if a customer needs data in a local sovereign or wants an air gap, all those capabilities…
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Linux Foundation to host AWS’ OpenSearch search and analytics engine – SiliconANGLE

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…
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Making the case for innovation given rampant tech negativity – SiliconANGLE

Making the case for innovation given rampant tech negativity – SiliconANGLE

Despite the swirl of tech negativity percolating public discourse, its value and innovation across multiple sectors over the years. While tech giants face accusations of eroding privacy, spreading misinformation and eliminating jobs, many of their contributions, especially in social causes such as pediatric cancer, tell a different story. “We started Tech Tackles Cancer and started fundraising for pediatric cancer because we lost a colleague’s son, and that’s what got us involved and made us aware,” said Chris Lynch (pictured), TTC founder and executive chairman and chief executive officer of AtScale Inc. “I had no idea that pediatric cancer was different…
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Confluent enhances support for Apache Flink, easing access to real-time data streams – SiliconANGLE

Confluent enhances support for Apache Flink, easing access to real-time data streams – 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…
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Allen Institute for AI debuts new Molmo series of open-source multimodal models – SiliconANGLE

Allen Institute for AI debuts new Molmo series of open-source multimodal models – SiliconANGLE

The Allen Institute for AI today released Molmo, a family of open-source language models that can process text and images. The launch came against the backdrop of Meta Platforms Inc.’s Connect 2024 product event. Alongside new mixed reality devices, the company debuted an open-source language model series of its own called Llama 3.2. Two of the models in the lineup have multimodal processing features similar to those offered by Molmo.  The Allen Institute for AI, or Ai2, is a Seattle-based nonprofit focused on machine learning research. Its new Molmo model series comprises four neural networks. The most advanced model features…
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