SiliconANGLE - CybAI news

03 Jun

Fostering AI innovation with investments and partnerships – SiliconANGLE

stp2y0 CommentsChat-GPTDriving AI innovation: IBM's strategic investments and startup collaborations, SiliconANGLE, Victor Dabrinze

From established global giants and hyperscalers to nimble startups, accelerators and incubators, artificial intelligence innovation is flowing in from multiple channels. It’s imperative to give nascent AI innovators the needed support and collaboration to scale operational hurdles and concretize ideas. That’s the ethos behind IBM Corp.’s strategy. Discussing IBM’s AI fund and its support for startups such as Unstructured. “We launched the AI fund to invest in a range of companies from early to growth-stage startups,” said Emily Fontaine (pictured, right), Office of the Chairman and CEO at IBM Corp. “Our goal here is to accelerate innovation at the infrastructure and…

03 Jun

Enhancing business efficiency with Dell’s AI infrastructure – SiliconANGLE

stp2y0 CommentsChat-GPTEnhancing business efficiency and innovation with Dell's advanced AI infrastructure, Sead Fadilpasic, SiliconANGLE

From healthcare to education, the impact of artificial intelligence is profound and far-reaching, with businesses leveraging robust AI infrastructure to enhance efficiency. The integration of AI into professional services is particularly noteworthy as companies strive to harness its potential for strategic advantage. Key to this transformation is the development of a strong AI infrastructure and a skilled workforce capable of navigating the complexities of AI deployment and management, according to Doug Schmitt (pictured, left), president of Dell Technologies Services. Dell’s Doug Schmitt and Scott Bils talk to theCUBE about AI infrastructure. “AI is clearly on everyone’s mind. I think if you…

03 Jun

Snowflake ups its revenue forecast and buys AI observability firm TruEra, sending its stock higher – SiliconANGLE

stp2y0 CommentsGenAIMike Wheatley, sending its stock higher, SiliconANGLE, Snowflake ups its revenue forecast and buys AI observability firm TruEra

Shares of the cloud data warehouse provider Snowflake Inc. rose more than 4% in extended trading today after it beat Wall Street’s sales estimates in its fiscal first-quarter earnings report and raised its full-year guidance. In addition, the company revealed a plan to acquire assets from TruEra Inc., which makes tools for observing and assessing the reliability of AI models. The company cited strong demand from customers that are keen to leverage its services for their artificial intelligence projects. It reported first-quarter earnings before certain costs such as stock compensation of 14 cents per share, short of the consensus estimate of 18…

03 Jun

Mistral AI open-sources new Codestral large language model for developers – SiliconANGLE

stp2y0 CommentsChat-GPTMaria Deutscher, Mistral AI open-sources new Codestral large language model for developers, SiliconANGLE

Artificial intelligence startup Mistral AI today debuted Codestral, a large language model optimized for software development tasks. The launch comes amid reports that the company is in the process of raising a sizable new funding round. Earlier this month, sources told Wall Street Journal that Mistral is seeking $600 million from investors at a $6 billion valuation. That’s triple what Mistral was worth following its most recent funding round in December. The company’s new Codestral model understands more than 80 programming languages. Its knowledge base includes so-called high-level languages such as Python that automate certain coding tasks to improve developer…

03 Jun

Climate risk insights: Informatica’s IDMC enhances sustainability – SiliconANGLE

stp2y0 CommentsGenAIBrian Njuguna, Harnessing climate risk insights: Informatica's IDMC 's impact on ESG sustainability and insurance, SiliconANGLE

Since climate change and global warming are wreaking havoc, exposure to climate risk insights is vital because it helps in the right course of action. As a result, Informatica Intelligent Data Management Cloud acts as a stepping stone toward providing visibility into climate-related risks, as well as offering insights about environmental, social and governance disclosures, according to Levent Ergin (pictured, right), global chief ESG sustainability strategist and global head of ESG strategic alliance partnerships at Informatica Inc. Informatica’s James Sizemore and Levent Ergin, as well as Dun & Bradstreet’s Jason Lindauer talk to theCUBE about the importance of climate risk…

03 Jun

UiPath’s stock plummets as CEO Rob Enslin abruptly resigns and guidance disappoints – SiliconANGLE

stp2y0 CommentsChat-GPTMike Wheatley, SiliconANGLE, UiPath's stock plummets as CEO Rob Enslin abruptly resigns and guidance disappoints

Updated with Thursday stock price: Shares of the automation software company UiPath Inc. were battered in after-hours trading today and were falling more than 35% Thursday after it shocked investors with a surprise leadership change and followed up with poor guidance. The company said Chief Executive Rob Enslin (pictured) will resign, effective June 1. He will be replaced by Daniel Dines, who formerly worked as co-CEO alongside Enslin before switching to become executive chairman and chief innovation officer at the end of January. Enslin said he made the difficult decision to resign after much reflection, but insisted he was optimistic about the company’s…

03 Jun

OpenAI tightens its grip on news media with Vox Media and Atlantic partnerships – SiliconANGLE

stp2y0 CommentsChat-GPTJames Farrell, OpenAI tightens its grip on news media with Vox Media and Atlantic partnerships, SiliconANGLE

If you can’t beat them, join them: That might be the right sentiment in light of today’s news that OpenAI has just signed licensing deals with two of the U.S.’s biggest media companies, Vox Media Inc. and The Atlantic. Vox is the parent company of a number of popular media outlets, including the tech website The Verge, the news website Vox, the pop cultural website Vulture and the biweekly New York Magazine. The Atlantic, founded in 1857, is one of the oldest media companies in the U.S. Both companies have chosen the route of partnerships rather than going in the…

03 Jun

Data management highlights governance and quality – SiliconANGLE

stp2y0 CommentsGenAIPharma industry transformation: The need for strong governance and quality in data strategy, SiliconANGLE, Victor Dabrinze

With data as the new currency, the key to unlocking its full potential lies in strategic data management and innovative applications. Through its Intelligent Data Management Cloud, Informatica Inc. simplifies that process by orchestrating data from various sources, integrating it into its data lake and ensuring high-quality data through its data quality module. Data management for pharma companies, discussed with Dr Reddy’s Laboratories’ Anish Agarwal and Informatica’s Joseph Sullivan. “Essentially the pharmaceutical industry today is undergoing a massive shift, largely driven by three key optics,” said Anish Agarwal (pictured, left), global head of data and analytics at Dr. Reddy’s Laboratories Ltd. “The…

02 Jun

AI blast radius reduction: Varonis fortifies data security – SiliconANGLE

stp2y0 CommentsChat-GPTBrian Njuguna, Fortifying data fortresses: Minimizing the AI blast radius using Varonis' policy-based automation engine, SiliconANGLE

Even though artificial intelligence is taking the world by storm through innovations, such as ChatGPT, limiting the AI blast radius is of the essence as bad actors continue to wreak havoc. To tame AI from exposing data, Varonis Systems Inc. deploys a policy-based automation engine that eradicates ghost users, misconfigurations and risky permissions, according to Matt Radolec (pictured), vice president of incident response and cloud operations at Varonis. “We have a lot of automation to help organizations first understand what that blast radius is and then start to prune it back automatically,” he stated. “We have a policy-based automation engine.…

02 Jun

What to expect during the Databricks Data + AI Summit – SiliconANGLE

stp2y0 CommentsChat-GPTRyan Stevens, SiliconANGLE, What to expect during the Databricks Data + AI Summit: Join theCUBE June 11-12

The hype around artificial intelligence focuses on infrastructure, but real progress is in data-oriented, application-driven retrieval. Once the infrastructure is established, the next innovation layer will be in data, according to theCUBE Research executive analyst John Furrier. “Databricks has their event coming up. If you look at the data layer, I see AI in three layers: infrastructure, raw horsepower, chips, compute, servers, machines, all kinds of infrastructure. Then the next layer is data, all kinds of things around data,” Furrier said on a recent episode of theCUBE Podcast. “Then, finally, the application, software, the interface, the users.” With the data…