SiliconANGLE

Supabase, the Postgres-based application development platform, raises $80M in funding – SiliconANGLE
27 Sep

Supabase, the Postgres-based application development platform, raises $80M in funding – SiliconANGLE

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Open-source application development platform and Postgres database service provider Supabase Inc. said today it has closed on an $80 million round of funding, bringing its total amount raised to date to $196 million. Today’s Series C round, which was first reported by TechCrunch, was led by Peak XV and Craft Ventures, and saw participation from Avra Capital plus previous investors Coatue, Felicis and Y Combinator. Supabase, which also raised $80 million via its Series B funding round in 2022, didn’t reveal a valuation. However, the company’s co-founder and Chief Executive Paul Copplestone told Techcrunch that the latest investment was an…
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Airtable’s new updates simplify the creation of no-code apps with integrated generative AI – SiliconANGLE
27 Sep

Airtable’s new updates simplify the creation of no-code apps with integrated generative AI – SiliconANGLE

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Airtable Inc., creator of a no-code platform for building applications and workflows, is expanding on its investments in artificial intelligence with the launch of new tools that will enable every organization to start taking advantage of AI. The new products announced today include App Library, a new tool for deploying custom-developed applications that integrate AI models, and HyperDB, which paves the way for companies to create workflows that integrate massive datasets from platforms like Databricks and Snowflake. Airtable sells a cloud-based “Digital Operations Platform” that enables teams to store, organize and collaborate on structured data. It works as a real-time…
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Startup Ensemble gets $3.3M in funding to fix data quality issues with Dark Matter – SiliconANGLE
27 Sep

Startup Ensemble gets $3.3M in funding to fix data quality issues with Dark Matter – SiliconANGLE

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Ensemble AI Inc. is looking to tackle headaches around data quality and help companies build more powerful artificial intelligence models after closing on a $3.3 million seed funding round. Today’s round was led by Salesforce Ventures, with Amplo, M13 and Motivate also participating. They’re backing Ensemble because the startup has created a pioneering approach to data representation in order to enhance the performance of AI models, without pumping them with vast amounts of extra data or creating more complicated model architectures. What the startup is doing is using machine learning techniques to enhance AI models, by helping them uncover hidden relationships…
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Zenlytic raises $9M to enable self-serve business intelligence with an AI-powered data analyst – SiliconANGLE
27 Sep

Zenlytic raises $9M to enable self-serve business intelligence with an AI-powered data analyst – SiliconANGLE

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Self-serve business intelligence startup Zenlytic, officially known as Ex Quanta Inc., said today it has closed on a $9 million early-stage round of funding, to fuel its ambitions of bring artificial intelligence-powered BI to every office worker. Today’s Series A round was led by M13, which was joined by new and old investors such as Bain Capital Ventures, Primary Ventures, Company Ventures, Correlation Ventures and 14 Peaks, plus a number of angel investors. Zenlytic has created a business intelligence platform with a difference, centered on Zoë, an AI data analyst that it says is more advanced than traditional copilots or…
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Automation software firm Workato aims to take the work out of data pipeline orchestration – SiliconANGLE
29 Aug

Automation software firm Workato aims to take the work out of data pipeline orchestration – SiliconANGLE

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Enterprise orchestration software company Workato Inc. today announced the launch of new tools that it says will simplify the job of orchestrating data pipelines for artificial intelligence and other workloads. Its new Data Orchestration offerings not only help companies set up new data pipelines quickly, but enable them to move and transform data rapidly according to their needs, while monitoring the quality of that data. Workato is the creator of a versatile, no-code integration platform that enables organizations to connect more than 300 business systems and applications and automate workflows across those systems. The key to its platform is its so-called…
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AI21 Labs’ updated hybrid SSM-Transformer model Jamba gets longest context window yet – SiliconANGLE
29 Aug

AI21 Labs’ updated hybrid SSM-Transformer model Jamba gets longest context window yet – SiliconANGLE

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OpenAI rival AI21 Labs Ltd. today lifted the lid off of its latest competitor to ChatGPT, unveiling the open-source large language models Jamba 1.5 Mini and Jamba 1.5 Large. The new models are based on an alternative architecture that enables them to ingest much longer sequences of data, so they can better understand context compared to traditional LLMs. AI21 says Jamba 1.5 Mini and 1.5 Large stand out as the fastest and most efficient LLMs in their class sizes, delivering superior performance to open-source alternatives such as Llama 8B and Llama 70B. The models build on the success of the original…
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Data management overhaul driven by open formats and AI – SiliconANGLE
29 Aug

Data management overhaul driven by open formats and AI – SiliconANGLE

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Data management is undergoing a major overhaul as companies face cost pressures and the need for consolidation. The shift toward platformization is simplifying data operations, cutting expenses and boosting efficiency. This change is driven by the adoption of open data formats, artificial intelligence integration and enhanced governance solutions. As businesses focus on more sustainable and flexible data strategies, the future of data platforms promises greater innovation and operational effectiveness. TheCUBE on set to talk data management with Databricks’ CEO Ali Ghodsi. “One hundred percent of the data in Databricks is in open-source formats. And 92% is in Delta Lake,” said…
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Fortanix and Nvidia enhance AI model accuracy in drug discovery with Xeureka – SiliconANGLE
29 Aug

Fortanix and Nvidia enhance AI model accuracy in drug discovery with Xeureka – SiliconANGLE

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A new report out today from Intel Corp.-backed multicloud security firm Fortanix Inc. details how Xeureka Inc., a subsidiary of Mitsui & Co. Ltd., has leveraged Fortanix’s Confidential Computing technology to enhance artificial intelligence model accuracy and reduce drug discovery time and costs. Since rapidly taking off in 2022 with the release of OpenAI’s ChatGPT, AI has offered great promise across various areas and drug research is one of them. By harnessing the power of AI, pharmaceutical companies can analyze vast datasets with speed and accuracy, potentially leading to the discovery of new drugs at a small fraction of the traditional cost and time.…
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The emerging data stack brings opportunities and risk for buyers and sellers – SiliconANGLE
29 Aug

The emerging data stack brings opportunities and risk for buyers and sellers – SiliconANGLE

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The so-called modern data stack is getting a facelift and perhaps a complete body makeover. As the point of control shifts from the database management system to the governance layer, we cite three dynamics that highlight a reshaping of today’s data landscape, including: 1) Key data players are disrupting the established norm as they expand their aspirations; 2) Data platform vendors that used to compete among each other, as they pursue market expansion, enter new competitive environments up the stack; and 3) These market and stack dislocations cause confusion for customers, which presents both opportunities and risks. In this Breaking…
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Dropbox acquires AI-powered calendar app Reclaim.ai – SiliconANGLE
29 Aug

Dropbox acquires AI-powered calendar app Reclaim.ai – SiliconANGLE

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Reclaim.ai Inc., a Portland-based startup that uses artificial intelligence to coordinate schedules with its calendar app, announced Tuesday that it was acquired by file-sharing giant Dropbox Inc. Founded in 2019, Reclaim’s calendaring tool assists with finding the best times for recurring routines, schedules tasks, tracks time and will even buffer breaks for travel and rest between meetings for entire teams and organizations. Reclaim Founders Henry Shapiro and Patrick Lightbody said in an announcement on X that today the app is used by 320,000 users across more than 43,000 companies, including notable companies such as PagerDuty, Zapier and GitHub. Although Dropbox…
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