SiliconANGLE

Snowflake beats expectations but stock falls on fears of decelerating revenue growth – SiliconANGLE

Snowflake beats expectations but stock falls on fears of decelerating revenue growth – SiliconANGLE

Updated: Shares of the cloud data warehouse giant Snowflake Inc. were battered and bruised in extended trading today, even though the company delivered solid second-quarter results and guidance that came in above expectations. The company’s stock fell more than 7% after-hours, with analysts saying that its likely shareholders are concerned over the possibility of a second-half revenue deceleration implied by the outlook. Update: Shares closed down almost 15% Thursday. Snowflake reported second-quarter earnings before certain costs such as stock compensation of 18 cents per share, while revenue jumped 29%, to $868 million. The numbers were better than expected, since analysts…
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Nvidia launches AI agent blueprints to allow enterprises to build their own AI apps – SiliconANGLE

Nvidia launches AI agent blueprints to allow enterprises to build their own AI apps – SiliconANGLE

The race to build good artificial intelligence apps is a long one and getting off the starting block from zero can be difficult without some kind of an advantage. To provide customers that advantage, Nvidia Corp. announced NIM Agent Blueprints today that it says include everything an enterprise developer needs to build and deploy generative AI applications from start to finish. Nvidia NIM microservices provide developers efficient access to AI models for generative AI workflows such as digital human customer service chatbots, retrieval augmented generation and drug discovery. The creation of production-ready apps using AI models is a complicated process requiring…
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Tabnine introduces inline AI-enabled edits and fixes for faster coding – SiliconANGLE

Tabnine introduces inline AI-enabled edits and fixes for faster coding – SiliconANGLE

Artificial intelligence code completion tool provider Tabnine Ltd. today introduced a new more intuitive way for developers to complete AI-assisted coding tasks directly in the editor with inline actions that work directly on selected snippets of code. The company’s flagship product is an AI-powered code completion tool for professional software developers in an integrated development environment, which helps save them time and energy by providing code suggestions as they type. The new tool will also join Tabnine Chat, which allows users to “talk” to their code using generative AI. “Inline actions brings together the best of chat and code completions into…
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Divers recover body of Autonomy co-founder Mike Lynch from superyacht wreckage – SiliconANGLE

Divers recover body of Autonomy co-founder Mike Lynch from superyacht wreckage – SiliconANGLE

Divers have recovered the bodies of Mike Lynch and four of his guests from the wreckage of the superyacht Bayesian, the Italian Coast Guard announced today. The vessel sank near the coast of Sicily early Monday morning amid an intense storm. Fifteen passengers were rescued by the crew of the Sir Robert Baden Powell, a Dutch ship that was anchored nearby. Lynch’s daughter is still missing. Lynch was one of the U.K.’s most prominent technology entrepreneurs and investors. In 1996, he co-founded Autonomy Corp., a major provider of unstructured data management and search software. The company was acquired by HP…
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Katara raises $2.2M in seed funding to accelerate developer experiences with generative AI – SiliconANGLE

Katara raises $2.2M in seed funding to accelerate developer experiences with generative AI – SiliconANGLE

Developer experience platform startup Katara AI Inc. today revealed it has closed on a $2.2 million seed funding round, with plans to use the money to expand beyond its Web3 customer base and target developers at legacy technology firms. Today’s round was co-led by Diagram Ventures and Sparkle Ventures, and saw participation from StreamingFast and other angel investors. It brings Katara’s total amount raised to date to $2.6 million, following an earlier pre-seed round. The startup has built a novel developer experience platform that integrates generative artificial intelligence, machine learning and natural language processing technologies to automate feedback and respond…
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Redis debuts new data integration and AI features for its database – SiliconANGLE

Redis debuts new data integration and AI features for its database – SiliconANGLE

Redis Inc. today updated its namesake database with a set of new features designed to ease software development for customers. Some of the enhancements are rolling out for the core open-source version of the platform. Others will become available in the paid version, which includes additional features that simplify infrastructure maintenance and data processing tasks. Many enterprise applications keep their information in two separate programs: a primary database and a second, faster database known as the cache. The cache holds the most frequently accessed records. Workloads can retrieve those records from the cache faster than they could from the primary…
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Cerebras Systems throws down gauntlet to Nvidia with launch of ‘world’s fastest’ AI inference service – SiliconANGLE

Cerebras Systems throws down gauntlet to Nvidia with launch of ‘world’s fastest’ AI inference service – SiliconANGLE

Ambitious artificial intelligence computing startup Cerebras Systems Inc. is raising the stakes in its battle against Nvidia Corp., launching what it says is the world’s fastest AI inference service, and it’s available now in the cloud. AI inference refers to the process of running live data through a trained AI model to make a prediction or solve a task. Inference services are the workhorse of the AI industry, and according to Cerebras, it’s the fastest-growing segment too, accounting for about 40% of all AI workloads in the cloud today. However, existing AI inference services don’t appear to satisfy the needs…
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Enterprise technology navigating AI and cloud shifts – SiliconANGLE

Enterprise technology navigating AI and cloud shifts – SiliconANGLE

Enterprise technology is at a pivotal moment, as companies manage the rapid convergence of generative AI, cloud computing and evolving infrastructure demands. This shift from traditional systems to cloud-based solutions is more than just a technological upgrade — it’s a fundamental transformation in how businesses operate and compete. As organizations embrace these advancements, companies are not only rethinking strategies for scalability and efficiency, but also redefining the very fabric of enterprise operations in a digitally driven world. TheCUBE’s John Furrier, Rob Strechay and Dave Vellante discuss enterprise technology. “While the market’s shifting to industry solutions and gen AI is changing…
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Quest Software announces enhanced data intelligence and modeling tools to boost AI data quality – SiliconANGLE

Quest Software announces enhanced data intelligence and modeling tools to boost AI data quality – SiliconANGLE

Quest Software Inc., the former Dell Technologies Inc. business unit that’s focused on enterprise data management and security, today announced a major update to its popular erwin Data Intelligence and erwin Data Modeler tools. The revamped offerings enable companies to pursue a more comprehensive approach to managing, governing and using data to fuel their ambitions around artificial intelligence, according to Quest. The company explains in its pitch that the ability to manage data effectively is essential for modern organizations, not just to become a leader in their industry, but simply to remain competitive at all. These days, as every organization…
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AI-driven data infrastructure a focus for Supermicro – SiliconANGLE

AI-driven data infrastructure a focus for Supermicro – SiliconANGLE

High-performance computing, long confined to academic labs, has today become the backbone of AI-driven business transformations. But no matter the use case, a massive amount of processing is needed to handle the data and support the heavy demands of AI-driven data infrastructure and HPC tasks. To handle these challenges, companies such s Super Micro Computer Inc. and its partners have sought to deliver AI-driven data infrastructure and storage solutions designed to meet the high-performance demands of modern computing. It’s an exciting time to be involved in the industry, according to CJ Newburn (pictured, back row, right), distinguished engineer at Nvidia…
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