Mike Wheatley - CybAI news

28 Oct

Big-data company dbt Labs’ new AI copilot to simplify data analytics lifecycles – SiliconANGLE

stp2y0 CommentsGenAIBig-data company dbt Labs' new AI copilot to simplify data analytics lifecycles, Mike Wheatley, SiliconANGLE

Big-data company dbt Labs Inc. kicked off its annual user conference Coalesce 2024 in Las Vegas this week with a host of updates to its flagship dbt Cloud product, saying they will help cement its status as a “data control plane” for enterprise analytics. The company said the new services announced at the event support users across every stage of the analytics development lifecycle, introducing what the company says is unrivaled cross-platform flexibility. They include a new artificial intelligence-powered copilot that’s embedded throughout the dbt Cloud platform, enabling more people to contribute to analytics workflows by simplifying various data preparation tasks.…

27 Oct

Open-source BI startup Lightdash raises $11M and launches its first AI data analyst – SiliconANGLE

stp2y0 CommentsGenAIMike Wheatley, Open-source BI startup Lightdash raises $11M and launches its first AI data analyst, SiliconANGLE

London-based business intelligence startup Lightdash, officially known as Telescope Technology Ltd., said today it has raised $11 million in an early-stage funding round. Today’s Series A round was led by Accel and saw participation from new investors Operator Partners and Shopify Ventures, plus existing backers that took part in the company’s seed round two years earlier, such as Y Combinator and a number of angels. The company describes its platform as a kind of open-source rival to Google LLC’s Looker. It offers a command-line-based data transformation tool called dbt, which leverages Structured Query Language to help business workers transform raw…

27 Oct

Informatica’s blueprints outline how to build generative AI apps in the cloud – SiliconANGLE

stp2y0 CommentsChat-GPTInformatica's blueprints outline how to build generative AI apps in the cloud, Mike Wheatley, SiliconANGLE

Informatica LLC is looking to increase its relevance in generative artificial intelligence application development with the release today of several “blueprints” that outline the best way to create AI applications on different cloud infrastructure platforms. The Generative AI Blueprints are aimed at making it easier for companies to build enterprise-grade generative AI-powered apps quickly on Amazon Web Services, Google Cloud, Microsoft Azure, Oracle Cloud, Snowflake and Databricks. They contain standard reference architectures and a number of what the company calls “ecosystem-specific recipes” to help customers get started. In addition, it provides valuable building blocks in the shape of its GenAI…

27 Oct

RAG data preparation startup Vectorize launches with $3.6M in seed funding – SiliconANGLE

stp2y0 CommentsGenAIMike Wheatley, RAG data preparation startup Vectorize launches with $3.6M in seed funding, SiliconANGLE

Data integration startup Vectorize AI Inc. says its software is ready to play a critical role in the world of artificial intelligence after closing on a $3.6 million seed funding round today. The round was led by True Ventures, and was announced alongside the debut of its novel platform that’s meant to aid in retrieval-augmented generation or RAG. The startup is aiming to tackle a problem it has identified among AI practitioners, namely the challenge of taking various bits and bytes of unstructured data like written documents, video, audio files and so on, and transforming these so they can be…

27 Oct

Google Cloud brings Gemini models to Looker to create conversational AI agents using private data – SiliconANGLE

stp2y0 CommentsGenAIGoogle Cloud brings Gemini models to Looker to create conversational AI agents using private data, Mike Wheatley, SiliconANGLE

Just a week after it updated a host of its cloud database services, Google Cloud is rolling out yet more data-focused updates, with a focus on helping companies to build artificial intelligence agents that can perform tasks on behalf of their users. Gerrit Kazmaier, Google Cloud’s general manager and vice president of data analytics, revealed various other capabilities too, including support for open data table formats, expanded vector search features, more governance controls and a semantic search experience in BigQuery. Gemini-powered data agents To simplify the process of building AI agents, Google is rolling out a series of new conversational application…

27 Oct

Big-data startup UltiHash unveils advanced deduplication to boost AI storage efficiency – SiliconANGLE

stp2y0 CommentsGenAIBig-data startup UltiHash unveils advanced deduplication to boost AI storage efficiency, Mike Wheatley, SiliconANGLE

Big-data startup UltiHash GmbH is looking to disrupt the artificial intelligence storage market with the launch of a “unified storage layer” that combines a new and more sophisticated deduplication algorithm with the scalability of data lakes and the querying power of data warehouses. UltiHash reckons its unified storage layer is essential to tackle some of the most pressing challenges around AI storage, which has led to rising infrastructure costs and is having a significant environmental impact. The company cites a report by Forbes that shows how the market for AI will grow to more than $407 billion by 2027. As…

27 Oct

Concentric bags $45M to expand its AI-powered data cataloging tools – SiliconANGLE

stp2y0 CommentsGenAIConcentric bags $45M to expand its AI-powered data cataloging tools, Mike Wheatley, SiliconANGLE

Concentric Inc. said today it has closed on $45 million in a fresh round of funding led by Top Tier Capital Partners and HarbourVest Partners. The Series B round also saw the participation of CyberFuture and existing investors like Ballistic Ventures, Engineering Capital, Clear Ventures and Citi Ventures, bringing the startup’s total amount raised to more than $67 million. The company is targeting a global market for data access governance that’s expected to grow to more than $8 billion by 2027, and to do that it’s hoping to cater to companies that are awash in data they cannot easily protect. Its main…

28 Sep

Strong beat and raise helps MongoDB’s stock surge more than 13% after-hours – SiliconANGLE

stp2y0 CommentsGenAIMike Wheatley, SiliconANGLE, Strong beat and raise helps MongoDB's stock surge more than 13% after-hours

Shares of the database company MongoDB Inc. made strong gains in the after-hours trading session today following a crushing second-quarter earnings beat and a raise in its full-year guidance. The company reported earnings before certain costs such as stock compensation of 70 cents per share, surging past the Wall Street analysts’ consensus estimate of just 49 cents. Meanwhile, revenue grew 13% from a year earlier, to $478.1 million, well ahead of the Street’s target of $464.1 million. Although MongoDB’s net loss grew from $37.6 million on year ago to $54.5 million at the end of the previous quarter, investors were…

28 Sep

Couchbase’s Capella Columnar paves the way for developers to build more adaptive applications – SiliconANGLE

stp2y0 CommentsGenAICouchbase's Capella Columnar paves the way for developers to build more adaptive applications, Mike Wheatley, SiliconANGLE

Couchbase Inc. is adding some powerful new capabilities to its flagship database-as-a-service offering, paving the way for developers to build more intelligent and adaptive applications that leverage real-time insights. The company is also enhancing the mobile version of its database with new functions including vector search, making it more suitable for generative AI applications that employ retrieval-augmented generation techniques to fine-tune their outputs. The company is the creator of the popular Couchbase NoSQL database service that allows enterprises to store large volumes of semistructured data. Its flagship product is the cloud-based Couchbase Capella database-as-a-service product, and it also sells a…

27 Sep

InfluxData revamps its time-series database offerings with faster query performance and lower latency – SiliconANGLE

stp2y0 CommentsGenAIInfluxData revamps its time-series database offerings with faster query performance and lower latency, Mike Wheatley, SiliconANGLE

Time series database startup InfluxData Inc. is beefing up the capabilities of its flagship product InfluxDB with a major update rolled out today that’s designed to simplify the task of managing time series data at scale, while improving its overall performance. In addition to InfluxDB 3.0, the startup announced InfluxDB Clustered, which is a self-managed version of its time-series database offering. It’s aimed at companies that want to deploy it on-premises or in private clouds. The open-source InfluxDB platform is designed to handle information that’s processed chronologically, hence the “time-series” moniker. Time-series data is essential for many applications, as it provides…