SiliconANGLE

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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Snowflake documents huge growth in AI projects – SiliconANGLE

Snowflake documents huge growth in AI projects – SiliconANGLE

Leveraging its unique perspective on how customers manage data on its platform, Snowflake Inc. today released a report on the changes it’s seen over the past year in data and tools usage as artificial intelligence has grabbed its customers’ attention. The analysis of more than 9,000 Snowflake accounts found that AI use cases now dominate, with usage of the Python language, tags, unstructured data and purpose-built AI development tools all showing double- and triple-digit growth. Python is now the overwhelming favorite language for AI and analytics development, with usage growing by 571% over the past 12 months. Close behind is…
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GitHub elevates the generative AI coding experience with Copilot Workspace – SiliconANGLE

GitHub elevates the generative AI coding experience with Copilot Workspace – SiliconANGLE

Microsoft Corp.’s GitHub today announced a new generative artificial intelligence-powered development environment called Copilot Workspace, which builds on the capabilities of its original AI-powered coding tool to help reduce the time it takes to get started on new projects. Unveiled in a blog post authored by GitHub Chief Executive Thomas Dohmke, Copilot Workspace is designed to help developers by reducing the time they need to spend reading through an existing codebase to work out how to get started on a new project. They can use natural language to brainstorm ideas, plan, build, test and run their code, and do it…
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NIST announces new initiative to create systems that can detect AI-generated content – SiliconANGLE

NIST announces new initiative to create systems that can detect AI-generated content – SiliconANGLE

The National Institute of Standards and Technology today announced it’s launching a new initiative called NIST GenAI aimed at assessing generative artificial intelligence models and create systems that can identify AI-created text, images and videos. The launch of the new program came as NIST revealed its first draft publications on AI risks and standards. NIST GenAI will work to create new AI benchmarks and attempt to build what it calls “content authenticity” detection systems that can detect AI-generated media such as text and “deepfake” videos. It’s an effort to counter the dangers of fake and misleading, AI-generated information. In a…
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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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Salesforce rolls out Tableau platform data updates and AI infrastructure improvements – SiliconANGLE

Salesforce rolls out Tableau platform data updates and AI infrastructure improvements – SiliconANGLE

Salesforce Inc. has rolled out data visualization and AI infrastructure improvements for its Tableau Software platform today that increase the usability of its product for data analysts and expand its scalability for artificial intelligence. The company noted that according to its own research, only 30% of workers use data to make business decisions. Tableau is a visual analytics platform designed to allow people and organizations to make data understandable and solve problems collaboratively using AI and machine learning. On the AI side, Salesforce surveyed more than 1,000 information technology leaders and more than 81% said they felt the need to implement AI in their organizations, but 59% said they didn’t have…
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Circular.co raises $10.5M to facilitate recycling at large scale – SiliconANGLE

Circular.co raises $10.5M to facilitate recycling at large scale – SiliconANGLE

Sustainable sourcing platform Circular Exchange Inc., which does business as Circular.co, said today it has raised $10.5 million to expand its database of post-consumer recycled materials and its platform for streamlining the purchase and sale of PCR materials. The company said it will use the funding to expand its platform beyond plastics to include paper and metals, add more customers and suppliers and enhance its platform. Circular is addressing what is says is a frantic effort by businesses to meet plastic reduction and net zero emissions targets. Only 18% of companies are on track to reach net zero emissions goal…
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Foundational nabs $8M to help developers fix data quality issues faster – SiliconANGLE

Foundational nabs $8M to help developers fix data quality issues faster – SiliconANGLE

Foundational Data Inc., a startup helping enterprises ensure their internal datasets are accurate, today announced that it has raised $8 million to finance growth initiatives.  Viola Ventures and Google LLC’s Gradient Ventures fund led the seed round. They were joined by executives from Meta Platforms Inc., Datadog Inc. and other major tech firms. Against the backdrop of the investment, Foundational Data today announced the general availability of its namesake platform for troubleshooting data quality issues.  Inaccuracies in business information are tricky to spot because their scope is often limited. In an analytics dashboard that contains multiple graphs, a pie chart…
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Alteryx Inspire focuses on innovation in enterprise-grade AI – SiliconANGLE

Alteryx Inspire focuses on innovation in enterprise-grade AI – SiliconANGLE

The role of data and innovation in shaping the future of generative artificial intelligence is critical. All year on theCUBE, a major focus of coverage has been around workflows, data and intellectual property, especially given the recent wave of gen AI, according to Dave Vellante, chief analyst of theCUBE Research. “This AI thing is real. It’s AI everywhere … powering all the trends, all the markets … all the way through the stack,” said Vellante, during the recent “Supercloud 6: AI Innovators” event. The trends at play that are driving innovation in enterprise-grade AI represent a perfect wave for a company such…
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Activeloop raises $11M to grow its specialized tensor database for AI training and inference – SiliconANGLE

Activeloop raises $11M to grow its specialized tensor database for AI training and inference – SiliconANGLE

Activeloop, creator of a database platform that’s designed to cater specifically to artificial intelligence workloads, said today it has closed on an $11 million early-stage funding round, bringing its total amount raised to about $20 million. Today’s Series A round was led by Streamlined Ventures and saw participation from Y Combinator, Samsung Next, Alumni Ventures and Dispersion Capital, the company said. The startup, which is officially known as Snark AI Inc., has created a specialized database called Deep Lake that’s designed to streamline the flow of unstructured information, such as audio, video, image, text files and embeddings, into machine learning…
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