SiliconANGLE - CybAI news

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

MongoDB.local NYC: Charting enterprise AI transformation – SiliconANGLE

stp2y0 CommentsGenAISiliconANGLE, Three insights you might have missed from theCUBE's coverage of MongoDB.local NYC, Victor Dabrinze

Data is the driving force behind the current artificial intelligence surge, with enhanced data capabilities driving AI improvements. Databases play a crucial role in this, as they must rapidly adapt to meet AI’s demands. MongoDB Inc. aims to lead in enterprise AI by supporting the needs of developer and product teams. Chief analyst Dave Vellante live for theCUBE’s coverage of the MongoDB.local NYC event. “MongoDB is a company tracking toward $2 billion with a $28 billion market cap — a high-flyer and very strong growth company in the operational database world,” said Dave Vellante, theCUBE Research founder and chief analyst. “MongoDB…

04 Jun

Investors show confidence in Confluent, as its stock gains on solid earnings beat and bullish guidance – SiliconANGLE

stp2y0 CommentsGenAIas its stock gains on solid earnings beat and bullish guidance, Investors show confidence in Confluent, Mike Wheatley, SiliconANGLE

Shares of the data streaming software provider Confluent Inc. gained more than 4% in extended trading today after the company reported a strong first-quarter earnings and revenue beat. The company delivered earnings before certain costs such as stock compensation of five cents per share, beating Wall Street’s consensus estimate of two cents per share, while its revenue jumped 25% from a year earlier to $217.2 million. That number also came in ahead of expectations, with analysts predicting sales of just $211.6 million in the quarter. All told, Confluent delivered a net loss of $92.9 million, but that number represents considerable progress…

04 Jun

StarTree broadly enhances Apache Pinot-based analytics platform – SiliconANGLE

stp2y0 CommentsGenAIPaul Gillin, SiliconANGLE, StarTree broadly enhances Apache Pinot-based analytics platform

StarTree Inc., a startup commercializing the open-source Apache Pinot real-time data analytics platform, is adding new observability and anomaly detection capabilities to its managed service along with vector search functionality for Pinot. Apache Pinot is an open-source, distributed, real-time analytics engine originally developed by LinkedIn Inc. It’s designed to handle large-scale, low-latency data ingestion and querying and can execute complex analytical queries in real time. It’s highly regarded for efficiency and speed. StarTree ThirdEye, a real-time anomaly detection and root cause analysis application, is now generally available. It provides automated, multi-dimensional metric monitoring to identify the root causes of problems,…

04 Jun

Atlan raises $105M at $750M valuation for data and AI governance platform – SiliconANGLE

stp2y0 CommentsGenAIAtlan raises $105M at $750M valuation for data and AI governance platform, Kyt Dotson, SiliconANGLE

Atlan Ple. Ltd., a startup that helps companies tackle sprawling datasets for information and artificial intelligence projects, today announced it has raised $105 million in fresh funding. The Series C round elevated the company’s valuation to $750 million. It was co-led by Singapore’s sovereign wealth fund GIC and Meritech Capital, and joined by existing investors Salesforce Ventures and PeakXV Partners. In total, Atlan has raised more than $206 million. Atlan’s software platform allows companies to organize large datasets into understandable catalogs for analytics purposes in a centralized control plane with a metadata layer. This centralized interface allows analytics experts to quickly discover patterns in the data…

04 Jun

Boomi upgrades its integration platform as a service with new AI agents, acquisitions – SiliconANGLE

stp2y0 CommentsGenAIacquisitions, Boomi upgrades its integration platform as a service with new AI agents, Maria Deutscher, SiliconANGLE

Boomi LP has acquired software assets from two companies, APIIDA GmbH and Cloud Software Group Inc., to enhance its flagship integration-platform-as-a-service product. The iPaaS provider announced the deals today at its Boomi World 2024 conference in Denver. Alongside the features gained through the two acquisitions, Boomi detailed several new platform capabilities that it developed in-house. The latter enhancements are headlined by a set of artificial intelligence agents designed to ease customers’ day-to-day work. Boomi launched at the turn of the millennium and became part of Dell Technologies Inc. through a 2010 acquisition. About a decade later, Dell sold the software…

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%…

04 Jun

Runtime observability: The Boomi/Apica alliance – SiliconANGLE

stp2y0 CommentsGenAIBoomi partners with Apica for improved runtime observability and workflow health management, SiliconANGLE, Victor Dabrinze

The surge in artificial intelligence has brought with it a need for improved data monitoring across multiple operating environments. Application programming interfaces are one such scenario. In keeping with the company ethos of accelerating digital connectedness through its platform, Boomi LP has allied itself with Apica Inc. for cellular-level runtime observability as enterprises leverage data resources for artificial intelligence. “We’re seeing AI coming on board, and it’s really putting a lot of fire into spaces like data management and API management and processes and applications that we know are just proliferating at breakneck speed,” said Ann Maya (pictured, right), EMEA…

04 Jun

NetApp’s Partner Sphere program status report – SiliconANGLE

stp2y0 CommentsGenAINetApp's partner-focused strategy: Analyzing the Partner Sphere program, SiliconANGLE, Victor Dabrinze

Partnerships are a core component of the technology space. For NetApp Inc., that ethos has spawned an expansive ecosystem for added value delivery in its native data management solutions domain. With other allied companies in tow, what ideas does NetApp have on integrations and ecosystem interplay for the future? “It starts from listening to our partners to co-selling with them, helping deliver customer success and then making sure that we have the programs to support them from an enablement standpoint — making sure that we are helping them build the certification levels that they need, the solution competencies to make them…

04 Jun

GaiaNet raises $10M for its decentralized AI agent project – SiliconANGLE

stp2y0 CommentsChat-GPTGaiaNet raises $10M for its decentralized AI agent project, Kyt Dotson, SiliconANGLE

Decentralized artificial intelligence infrastructure project GaiaNet today announced it has raised $10 million in seed funding to provide access to edge nodes where developers can deploy artificial intelligence agents and other generative AI tools. The company’s funding round attracted key advisors bringing additional resources including Generative Ventures’ Lex Sokolin, Republic Capital’s Brian Johnson, 7RIDGE’s Shawn Ng, Kishore Bhatia, EVM Capital, Mantle EcoFund and ByteTrade Lab. GaiaNet operates a distributed AI infrastructure network of individually run “nodes” that allows it to decentralized inference of models for artificial intelligence applications. Instead of using centralized servers for deploying AI models, users set up…