SiliconANGLE

Data management startup Cribl nabs $319M at $3.5B valuation – SiliconANGLE

Data management startup Cribl nabs $319M at $3.5B valuation – SiliconANGLE

Cribl Inc., a startup with a suite of data management tools for enterprises, has closed an oversubscribed late-stage investment worth $319 million. The Series E deal, which was announced this morning, included $200 million in equity funding and a $119 million secondary sale. Alphabet Inc.’s GV startup investment arm was the lead investor. CapitalG, another Alphabet-operated venture fund, participated as well along with GIC, IVP and CRV. “Every company must modernize its data stack as legacy systems already can’t handle today’s rapid data growth, and the arrival of AI further accelerates the need for a modern data platform,” said GV…
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Enterprise AI solutions: AWS and Deloitte partnership – SiliconANGLE

Enterprise AI solutions: AWS and Deloitte partnership – SiliconANGLE

The announcement in July of a multiyear, global investment program between Amazon Web Services Inc. and Deloitte & Touche LLP signaled both a significant expansion of the ongoing relationship between the two technology powerhouses and the increasing influence artificial intelligence, more specifically enterprise AI solutions. The collaboration is focused on scaling generative AI, data and analytics capabilities for mutual clients worldwide, with the potential to reshape the landscape for enterprise AI adoption. “The Deloitte AWS collaboration represents a significant move in the enterprise AI market,” Shelly Kramer, managing director and principal analyst at theCUBE Research, said in her recent report on…
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OpenAI reportedly preparing to launch new ‘Strawberry’ AI model – SiliconANGLE

OpenAI reportedly preparing to launch new ‘Strawberry’ AI model – SiliconANGLE

OpenAI is reportedly preparing to launch a new artificial intelligence product with advanced features that can solve problems and tasks that are beyond current AI models. First reported by The Information, the new model is internally referred to as “Strawberry” and is said, among other things, to be able to solve math problems it has never encountered, perform high-level tasks such as developing marketing strategies, and even solve complex word puzzles. In one example, the new model was able to solve the New York Times word puzzle “Connections.” Previous claims about the model include that it scores over 90% of…
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Dremio says it has dramatically improved query performance on Iceberg data lakes – SiliconANGLE

Dremio says it has dramatically improved query performance on Iceberg data lakes – SiliconANGLE

Data lakehouse company Dremio Corp. today announced a set of advanced analytics performance capabilities that it says significantly speed query performance on Apache Iceberg tables while reducing the need for user intervention. The two major new features are Live Reflections and Result Set Caching. Dremio Reflections are a feature of the company’s data lake engine that accelerates query performance by creating optimized, precomputed data representations. They’re similar in concept to materialized views but are more flexible and integrated with Dremio’s architecture. As a result, they enable faster and more interactive querying of large datasets stored in data lakes without data…
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Managed PostgreSQL service provider Tembo raises $14M – SiliconANGLE

Managed PostgreSQL service provider Tembo raises $14M – SiliconANGLE

Tembo Data Systems Inc., operator of a PostgreSQL managed service, today said it closed a $14 million Series A funding round that brings its total financing to $20.5 million. The company says it’s developer-focused, meaning it wants to simplify the task of installing and managing PostgreSQL as well as the more than 200 extensions in its ecosystem. Tembo’s strategy is to make as many extensions as possible available using a package manager and registry it built called Trunk. The company said its service is distinguished by a commitment to open-source software. “As open-source purists, we believe that further developing the…
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Hopsworks wants to make a splash with the industry’s first AI data lakehouse – SiliconANGLE

Hopsworks wants to make a splash with the industry’s first AI data lakehouse – SiliconANGLE

Swedish data lakehouse company Hopsworks AB is pitching what it says is the industry’s “first unified platform for building batch, real-time and large language model” artificial intelligence systems. In the Hopsworks 4.0 release, the company is enhancing its flagship platform with multiple new capabilities designed to help AI systems leverage real-time data, including a new feature store and vector database index system. The release, which will become generally available “soon”, also adds native Python access and more granular fine-tuning features for LLMs. The updates will enable teams to build AI systems of unparalleled scale and support the most challenging AI…
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Betamax blues: Hudi edging toward ‘also ran’ status in the data platform race – SiliconANGLE

Betamax blues: Hudi edging toward ‘also ran’ status in the data platform race – SiliconANGLE

In announcing its Polaris Catalog last month, Snowflake Inc. Executive Vice President Christian Kleinerman said the product “extends Snowflake’s commitment to Apache Iceberg as the open standard of choice.” Statements like that raise the hackles of Apache Hudi adherents. They maintain their preferred open table format — whose name stands for Hadoop Upserts, Deletes and Incrementals — is superior to Iceberg and the open-source Delta Lake framework developed by Databricks Inc. But Hudi appears to be sliding toward “also ran” status in the data platform race as Iceberg surges. Developed at Uber Technologies Inc. and released to open source in…
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Merging auto racing and high-tech data enables a faster ride for everyone – SiliconANGLE

Merging auto racing and high-tech data enables a faster ride for everyone – SiliconANGLE

Few things move faster than the high-tech race cars traveling the Indianapolis Motor Speedway oval. In May, American Josef Newgarden won his second consecutive Indy 500 with an average speed of 167.763 miles per hour. But Newgarden’s car may not have been the fastest thing at the old Brickyard on Memorial Day. That honor may belong to all the data flying around that day on the IMS’s millimeter-wave 5G nodes. Verizon Communications Inc. built the network and managed the head end of the distributed antenna system, or DAS. All other carriers bring their equipment and racks to connect to the…
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Alluxio says it can achieve 97% GPU utilization across a distributed filesystem – SiliconANGLE

Alluxio says it can achieve 97% GPU utilization across a distributed filesystem – SiliconANGLE

Alluxio Inc., which sells a high-performance open-source distributed filesystem, announced a set of enhancements that optimize the use of costly graphic processing units along with performance improvements that make its storage performance competitive with storage subsystems optimized for high-performance computing. Alluxio Enterprise AI Version 3.2 also adds a Python interface and improved cache management features. The company said these help organizations better utilize artificial intelligence training and inferencing infrastructure. Alluxio provides a single control point for businesses to data-intensive workloads across diverse infrastructures. Last fall, it overhauled its architecture to focus on AI training. “Since then we’ve seen that people…
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AI data reliability startup Soda Data raises $14M – SiliconANGLE

AI data reliability startup Soda Data raises $14M – SiliconANGLE

The artificial intelligence-powered data quality startup Soda Data NV said today it has closed on a new $14 million funding round, despite claiming it has already achieved financial self-sufficiency over the past 12 months. Today’s round was led by existing investors and strategic partners Singular and Point Nine. It comes around three-and-a-half years after the company last secured financial backing through an additional $14 million funding round in February 2021. Netherlands-based Soda says the latest round comes at a time when the demand for what it calls “trusted data” is stronger than ever, with the rising popularity of artificial intelligence…
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