Duncan Riley - CybAI news

27 Sep

Data Dynamics introduces AI-powered self-service software for comprehensive data governance – SiliconANGLE

stp2y0 CommentsGenAIData Dynamics introduces AI-powered self-service software for comprehensive data governance, Duncan Riley, SiliconANGLE

Unstructured data management company Data Dynamics Inc. today unveiled new artificial intelligence-powered self-service data management software that assists organizations in how they approach risk management, privacy, sovereignty optimization and sustainability in their data ecosystem. Called “Zubin,” the new software has been designed to champion the core principles of digital trust and data democracy while guiding organizations through the AI era with confidence and clarity. The software creates a unified, seamless process that fosters accountability and coherence across the enterprise with a broad vision of empowering citizen data rights. Zubin seeks to help organizations that are dealing with the growing influence…

29 Aug

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

stp2y0 CommentsChat-GPTDuncan Riley, Fortanix and Nvidia enhance AI model accuracy in drug discovery with Xeureka, SiliconANGLE

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.…

29 Aug

AI growth helps Palantir beat second-quarter earnings, drives higher forecast – SiliconANGLE

stp2y0 CommentsGenAIAI growth helps Palantir beat second-quarter earnings, drives higher forecast, Duncan Riley, SiliconANGLE

Shares of Palantir Technologies Inc. shot up about 12% in late trading today after the big-data analytics company beat analyst expectations in its fiscal second quarter and forecast a higher-than-expected outlook thanks to increasing growth in artificial intelligence. For the quarter ended June 30, Palantir reported adjusted earnings per share of nine cents, up from five cents per share in the same quarter of fiscal 2023, on revenue of $678 million, up 27% year-over-year. Analysts had expected eight cents a share on revenue of $653 million. The company saw net income from operations in the quarter of $134 million and…

29 Aug

Amplitude launches new services for better data synchronization, security and privacy compliance – SiliconANGLE

stp2y0 CommentsGenAIAmplitude launches new services for better data synchronization, Duncan Riley, security and privacy compliance, SiliconANGLE

Behavior-tracking software firm Amplitude Inc. today announced three new data-related services for its Digital Analytics platform that enhance data synchronization, security and privacy management capabilities. The new products aim to provide seamless data synchronization, robust access controls and efficient data deletion processes. The enhancements help enterprises achieve accurate insights, enhanced security and compliance with data privacy regulations, driving growth and innovation. Leading the list is Data Mutability, a new service that ensures synchronization between product analytics and data warehouses. Amplitude argues that traditional data management practices often involve manual synchronization, which is time-consuming, expensive, prone to errors and can lead to inaccurate insights. The…

28 Aug

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

stp2y0 CommentsGenAIAmplitude beats earnings expectations with steady revenue growth and customer gains, Duncan Riley, 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…

28 Aug

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

stp2y0 CommentsGenAIDuncan Riley, SiliconANGLE, TigerEye releases open-source DuckDB.dart to simplify data-intensive application development

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…

28 Aug

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

stp2y0 CommentsChat-GPTDuncan Riley, 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…

02 Jul

CData raises $350M in growth capital to enhance data connectivity solutions – SiliconANGLE

stp2y0 CommentsGenAICData raises $350M in growth capital to enhance data connectivity solutions, Duncan Riley, SiliconANGLE

Data access and connectivity solutions company CData Software Inc. today announced that it has raised about $350 million in growth capital to accelerate its investments in building innovative data integration solutions for customers. Founded in 2016, CData offers data integration solutions for real-time access to online on on-premises applications, databases and web application programming interfaces. The company’s self-service data products and connectivity solutions provide universal access to live data from hundreds of popular on-premises and cloud applications. CData argues that as companies are processing and sharing more data than ever across different sources, bridging these data silos has become increasingly…

04 Jun

Palantir reports solid earnings but outlook falls short of expectations – SiliconANGLE

stp2y0 CommentsGenAIDuncan Riley, Palantir reports solid earnings but outlook falls short of expectations, SiliconANGLE

Shares in Palantir Technologies Inc. fell more than 7% in late trading today after the big data analytics company fell short at the midpoint on its outlook, despite reporting otherwise solid figures in its fiscal first quarter. For its first quarter that ended on March 31, Palantir reported adjusted earnings per share of eight cents, up from five cents in the same quarter of last year, on revenue of $634.3 million, up 21% year-over-year. The adjusted earnings per share were in line with what analysts were expecting, while Palantir’s revenue came in ahead of an expected $625 million. Adjusted income…

04 Jun

Customer growth delivers Amplitude solid quarterly earnings and revenue – SiliconANGLE

stp2y0 CommentsGenAICustomer growth delivers Amplitude solid quarterly earnings and revenue, Duncan Riley, SiliconANGLE

Amplitude Inc. shares rose more than 3% in after-hours trading today after the behavior-tracking firm reported small beats in its fiscal first quarter and forecast a revenue outlook in line with analyst expectations. For the quarter that ended on March 31, Amplitude reported adjusted earnings of a penny per share, up from a loss of four cents per share in the first quarter of last year, on revenue of $285 million, up 9%. Analysts had been expecting adjusted breakeven on revenue of $72.25 million. Amplitude’s solid figures were driven by customer growth, with the company seeing annual recurring revenue grow 9%…