Maria Deutscher

Business intelligence startup Sigma closes $200M round at $1.5B valuation – SiliconANGLE

Business intelligence startup Sigma closes $200M round at $1.5B valuation – SiliconANGLE

Sigma Computing Inc., the developer of a business intelligence platform designed to analyze information in cloud data warehouses, today announced that it has raised $200 million from investors. Spark Capital and Avenir Growth Capital led the Series D round. They were joined by a half-dozen other backers, including Snowflake Ventures. The investor group’s capital infusion values Sigma at $1.5 billion, 60% more than what it was worth following its previous funding round in 2021. “Sigma is proving that there is deep market demand for driving greater productivity and monetization as a result of the cloud data transition,” said Chief Executive…
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Mistral AI open-sources new Codestral large language model for developers – SiliconANGLE

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…
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Intel, Google and other tech giants team up to develop UALink AI chip interconnect – SiliconANGLE

Intel, Google and other tech giants team up to develop UALink AI chip interconnect – SiliconANGLE

Eight of the tech industry’s largest players are teaming up to launch the UALink Promoter Group, a new artificial intelligence hardware initiative detailed today. The project focuses on developing an industry-standard method of linking together AI chips such as graphics processing units. The goal, the initiative’s backers detailed, is to ease the task of assembling AI clusters that contain a large number of chips. Improved infrastructure scalability is another goal. The UALink Promoter Group is backed by chipmakers Intel Corp., Advanced Micro Devices Inc. and Broadcom Corp. Two of the industry’s three largest cloud providers, Microsoft Corp. and Google LLC,…
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Redpanda acquires Benthos to enhance its data streaming platform – SiliconANGLE

Redpanda acquires Benthos to enhance its data streaming platform – SiliconANGLE

Redpanda Data Inc. has acquired Benthos, the developer of an open-source platform that helps organizations move information between their applications. The companies announced the deal this morning. Financial terms were not disclosed. San Francisco-based Redpanda is backed by more than $160 million in funding from Alphabet Inc.’s GV fund and other investors. It provides a platform, also called Redpanda, that can move data between applications in near-real time. A manufacturer, for example, could use the software to stream malfunction alerts from a piece of factory equipment to a cloud-based troubleshooting application. Redpanda says its platform can move data between systems…
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Google details AI Overviews changes designed to tackle inaccurate content – SiliconANGLE

Google details AI Overviews changes designed to tackle inaccurate content – SiliconANGLE

Google LLC has updated its recently launched AI Overviews feature to reduce the likelihood that it will display inaccurate information in search results. Liz Reid, the head of Google Search, detailed the changes in a Thursday blog post. The update follows a series of highly publicized user reports about nonsensical results in AI Overviews. Introduced at Google I/O earlier this month, AI Overviews is a new panel above the standard search results. It displays a detailed answer to the user’s query that can contain up to several sentences, as well as other types of data such as restaurant reviews. The…
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OpenAI relaunches robotics unit four years after shutting it down – SiliconANGLE

OpenAI relaunches robotics unit four years after shutting it down – SiliconANGLE

OpenAI has formed a team to train artificial intelligence models for robots. The ChatGPT developer confirmed Forbes’ Thursday report in a statement. The news comes about four years after OpenAI disbanded a team that researched ways of using AI to teach robots new tasks. Forbes reported that several former members of the team still work at the company, which could ease its effort to reenter the market.  According to a job posting on its website, OpenAI plans to develop a suite of multimodal large language models for robotics use cases. A multimodal model is a neural network that processes not…
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CEOs of Microsoft, Nvidia and other tech giants join federal AI advisory board – SiliconANGLE

CEOs of Microsoft, Nvidia and other tech giants join federal AI advisory board – SiliconANGLE

A group of prominent tech executives will join the Artificial Intelligence Safety and Security Board, a panel tasked with advising the federal government on the use of AI in critical infrastructure. The Wall Street Journal reported the development today. According to the paper, the panel comprises not only representatives of the tech industry but also academics, civil rights leaders and the chief executives of several critical infrastructure companies. In all, the Artificial Intelligence Safety and Security Board will have nearly two dozen members.  Microsoft Corp. Chief Executive Satya Nadella, Nvidia Corp. CEO Jensen Huang and OpenAI’s San Altman are among…
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OpenAI signs content licensing agreement with the Financial Times – SiliconANGLE

OpenAI signs content licensing agreement with the Financial Times – SiliconANGLE

OpenAI today announced that it’s partnering with the Financial Times to make articles from the storied newspaper accessible to its large language models. As part of the collaboration, the companies will make certain Financial Times content available to users of ChatGPT. OpenAI said the deal covers “select attributed summaries, quotes and links to FT journalism.” It didn’t specify when the content will become accessible or in which versions of ChatGPT.  Besides bringing Financial Times articles to the chatbot, OpenAI will also use the content to train new AI models. The deal is part of a broader effort by the company to…
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AI chip startup Blaize nabs $106M in fresh funding – SiliconANGLE

AI chip startup Blaize nabs $106M in fresh funding – SiliconANGLE

Startup Blaize Inc., which supplies artificial intelligence chips for edge devices and data centers, today disclosed that it has raised $106 million in fresh funding. The capital was provided by a consortium that included Mercedes Benz, Franklin Templeton and a half-dozen other backers. The round comes less than six months after Blaize announced plans to go public through a merger with a special purpose acquisition company, or SPAC. The chipmaker said at the time that the deal was expected to raise at least $71 million. Most AI models are implemented as a collection of code snippets called artificial neurons. Each…
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Redis acquires storage engine startup Speedb to enhance its open-source database – SiliconANGLE

Redis acquires storage engine startup Speedb to enhance its open-source database – SiliconANGLE

Redis Ltd. has acquired Speedb Ltd., the developer of a storage engine it uses to power its commercial database offerings. The company didn’t disclose the financial terms in its announcement of the deal today. Tel Aviv-based Speedb previously raised $4 million through a funding round that closed in 2021. It announced a partnership with Redis the following year.  Databases typically keep the information they hold in flash or disk storage. When an application requests a record, it’s fetched through a two-step process: The database loads the record from storage into memory and then makes it available to the workload that…
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