SiliconANGLE

Amplitude beats earnings expectations with steady revenue growth and customer gains – SiliconANGLE

Amplitude beats earnings expectations with steady revenue growth and customer gains – SiliconANGLE

Amplitude Inc. today reported earnings and revenue beats in its second quarter thanks to solid customer growth for its behavior-tracking software services. For the quarter ended June 30, Amplitude broke even, down from a profit of two cents a share in the second quarter of 2023, on revenue of $73.3 million, up 8% year-over-year. Both were modest beats, as analysts had been expecting an earnings per share loss of a penny on revenue of $72 million. Amplitude ended the quarter with annual recurring revenue of $290 million, up 8% year-over-year and $5 million higher than the first quarter. The company…
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Nvidia to present AI and data center performance innovations at Hot Chips conference – SiliconANGLE

Nvidia to present AI and data center performance innovations at Hot Chips conference – SiliconANGLE

Nvidia Corp. today revealed details about what it will discuss during the Hot Chip 2024 semiconductor technology conference in Cupertino, California, on Monday, which includes advancements to its Blackwell platform, research on liquid cooling for data centers and AI agents for chip design. “Nvidia Blackwell is a platform, the GPU is just the beginning,” said Dave Salvator, director of accelerated computing products at Nvidia. It comprises multiple different Nvidia chips including the Blackwell graphics processing unit, the Grace central processing unit, the Bluefield data processing unit, the ConnextX network interface card, the NVLink Switch, the Spectrum Ethernet switch and the Quantum…
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Report: Chinese organizations use public cloud to access restricted AI chips – SiliconANGLE

Report: Chinese organizations use public cloud to access restricted AI chips – SiliconANGLE

Multiple organizations in China have sought to rent high-end graphics cards from U.S. cloud providers, Reuters reported late Thursday. The news agency learned of the procurement effort by reviewing publicly-available tender documents. Those are invitations that ask companies to submit bids for a contract, in this case artificial intelligence infrastructure purchases. Under U.S. export controls that rolled out two years ago, Nvidia Corp. is prohibited from selling its high-end H100 and A100 graphics processing units to entitles in China. The rules also cover certain other data center chips optimized for AI workloads. But though such chips can’t be sold or…
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Data consolidation: Evolving themes on business semantics – SiliconANGLE

Data consolidation: Evolving themes on business semantics – SiliconANGLE

A hot topic in the data management space is the argument against data silos. Factors such as generative artificial intelligence and decentralized data infrastructures have intensified the need to embrace the data consolidation ethos. RelationalAI’s Molham Aref discusses modern data platforms. What is the imperative to de-silo data operations? And what challenges and opportunities exist as companies move toward interconnected data infrastructures? “You’re building intelligent applications, and by definition, these applications have to look at data,” said Molham Aref (pictured), chief executive officer of RelationalAI Inc. “The old architecture is where you’re moving a few records of data over to some…
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Beyond OpenAI: The rise of not-too-large language models – SiliconANGLE

Beyond OpenAI: The rise of not-too-large language models – SiliconANGLE

A flurry of new artificial intelligence models this week illustrated what’s coming next in AI: smaller language models targeted at vertical industries and functions. Both Nvidia and Microsoft debuted smaller large language models too. Also supporting the notion of more customized models — call them VLMs — OpenAI made its GPT-4o fine-tuning generally available. As much as LLMs have captured much of the attention, these smaller, more controlled models look appealing to enterprises concerned about data governance and privacy, not to mention efficiency. Indeed, Chinese startups are heading in the same direction, partly to save energy and partly to avoid…
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Expanding the open lakehouse for data interoperability – SiliconANGLE

Expanding the open lakehouse for data interoperability – SiliconANGLE

Generative artificial intelligence is demanding breakneck innovation from enterprises. It’s highlighting a critical need for cohesive data management and driving a seismic shift in data storage, processing and utilization. It’s also prompting a rethink of the open lakehouse concept pioneered by companies such as Onehouse. Supercloud 7 discussion on open lakehouses with Onehouse’s Vinoth Chandar. “We firmly believe an open lakehouse is the way of the future, but there is no Snowflake experience for the lakehouse per se,” said Vinoth Chandar (pictured), chief executive officer of Infinilake Inc. (aka Onehouse). “Onehouse was founded on the premise that we are going to…
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High-performance computing drives AI innovation and efficiency – SiliconANGLE

High-performance computing drives AI innovation and efficiency – SiliconANGLE

The rapid advancement of AI hardware, particularly in high-performance computing, is revolutionizing the enterprise computing infrastructure, with new data- and AI-centric solutions emerging quickly. Recently, a plethora of industry leaders showcased high-performance computing solutions in this bourgeoning market at theCUBE and NYSE’s AI Infrastructure Silicon Valley – Executive Series 2024 event. TheCUBE’s John Furrier and Dave Vellante are on set in Palo Alto, CA, discussing high-performance computing. “AI is transforming the entire tech stack, from the edge to the core, pushing the boundaries of what’s possible in computing and data management,” said John Furrier, theCUBE Research’s executive analyst. “The innovations in AI…
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Vast Data is making itself essential to the AI ecosystem – SiliconANGLE

Vast Data is making itself essential to the AI ecosystem – SiliconANGLE

Data storage is all the rage again, with global data predicted to reach 200 zettabytes by 2025, half of which will be in the cloud. Only five years ago, that number was 41 zettabytes. One of the primary reasons for the rapid increase in data volume is the shift from text-based to multimodal models and the development of super intelligent and artificial intelligence systems. Many companies are battling for the AI crown, but Vast Data Inc., the fast-growing data computing platform, has positioned itself as the backbone for a data space shaped by machine learning. The company’s prospects look bright…
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TigerEye releases open-source DuckDB.dart to simplify data-intensive application development – SiliconANGLE

TigerEye releases open-source DuckDB.dart to simplify data-intensive application development – SiliconANGLE

TigerEye Labs Inc., an artificial intelligence-powered planning and revenue management platform company, today announced the open-source release of DuckDB.dart, a tool that helps developers build and run data-intensive applications more easily and efficiently. DuckDB.dart is a native Dart application programming interface for DuckDB that has been designed to simplify the creation of data-intensive applications for desktop and mobile platforms. DuckDB is an in-process SQL database management system optimized for analytical queries on large datasets, designed to run efficiently within a single machine. DuckDB has grown increasingly popular over the last few years, particularly in data science and analytics communities, thanks to…
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SAS looks to go next level with industry-specific AI – SiliconANGLE

SAS looks to go next level with industry-specific AI – SiliconANGLE

As the generative artificial intelligence wave continues to revolutionize the technology industry, there’s been a very important question to answer — who has the goods, and who is AI-washing? The distinction is very simple: It involves zeroing in on who can take something from data to decisions, including in the realm of industry-specific AI. That’s where SAS Institute Inc. and its focus on industry-specific AI comes into play, according to Ray Wang, founder and principal analyst of Constellation Research Inc., who spoke with theCUBE during the SAS Innovate event. What the company has been showing is where models come into…
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