SiliconANGLE

GRC startup LogicGate promises to accelerate safe AI deployments – SiliconANGLE

GRC startup LogicGate promises to accelerate safe AI deployments – SiliconANGLE

Governance, risk and compliance technology startup LogicGate Inc. is looking to cater to enterprises that are concerned their new generative artificial intelligence deployments are going to get them into trouble with regulators. To assuage those concerns, today it has announced a new Risk Cloud AI Governance Solution that it says is purpose-built to help customers govern and manage their AI technology implementations and ensure they remain in compliance. It also debuted a new service called Risk Cloud AI, which is a new tool that aims to help companies accelerate their GRC programs. LogicGate says generative AI is being rapidly implemented…
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Startup Datavolo raises over $21M to transform how generative AI models access unstructured data – SiliconANGLE

Startup Datavolo raises over $21M to transform how generative AI models access unstructured data – SiliconANGLE

Multimodal data pipeline startup Datavolo Inc. today revealed its ambitious plans to transform the way data is fed into artificial intelligence systems, after closing on more than $21 million in funding. The round was led by General Catalyst and saw participation from Citi Ventures, Human Capital, MVP Ventures and Rob Bearden, the former chief executive officer at Cloudera Inc. It brings its total amount raised to more than $25 million. Datavolo is led by its co-founders, CEO Joe Witt (pictured, left) and Chief Operating Officer Luke Roquet (right). It has built what they says is a revolutionary new data pipeline system based…
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Amazon launches Q AI assistant alongside an AI app generator  – SiliconANGLE

Amazon launches Q AI assistant alongside an AI app generator  – SiliconANGLE

Amazon Web Services Inc. today made its Amazon Q generative artificial intelligence assistant generally available for developers and business users that will allow them to debug code and automate business tasks.  Alongside these announcements, the company also unveiled a new Amazon Q Apps feature, in preview, that will allow noncoders to create applications with conversational prompts. AWS unveiled Amazon Q in November in preview for developers and information technology professionals as an AI assistant that could provide help getting started on projects, building applications in AWS, researching best practices, coding new features, troubleshooting networking issues or getting recommendations. Since it resides within the same tools that professionals use, all of this can…
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Hasura debuts supergraph features to simplify complex API data integrations – SiliconANGLE

Hasura debuts supergraph features to simplify complex API data integrations – SiliconANGLE

Hasura Inc., a startup that sells a commercial version of the popular open-source GraphQL data management language, today announced a key update to that platform, integrating “supergraph” technology that makes it easier for applications to access data from multiple sources. The company said Hasura V3 is available now in beta, touting a new “domain-centric supergraph modeling framework” that sets a new standard for application programming interface composability. In addition, it comes with a new, distributed supergraph execution engine and various open-source data connectors to help address some of the challenges of data and API integration. San Francisco-based Hasura’s flagship Data API…
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IBM AI-powered storage: Redefining data management – SiliconANGLE

IBM AI-powered storage: Redefining data management – SiliconANGLE

With the integration of artificial intelligence into data management systems, IBM Corp.’s conversation around storage has shifted into a whole new gear. The company made a series of storage announcements during theCUBE and IBM’s “Future-Ready Storage Redefining Data Center Boundaries” event. A key element of the latest releases involved the inclusion of AI-powered predictive analytics and data placement for the IBM FlashSystem 5300, yet another example of how AI is reshaping the IT ecosystem. (* Disclosure below.) “Generative AI has hit us as an industry,” said Denis Kennelly, general manager of IBM Storage at IBM, during an interview on theCUBE, SiliconANGLE…
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Aerospike reels in $109M to accelerate its high-speed database – SiliconANGLE

Aerospike reels in $109M to accelerate its high-speed database – SiliconANGLE

Aerospike Inc., which sells a highly scalable, real-time NoSQL database management system, said today it closed a $109 million investment round led by Sumeru Equity Partners LP with participation from Alsop Louie Partners LLC. That brings its total funding to $241 million. Aerospike’s flash-optimized in-memory model scales from gigabytes to petabytes with high consistency and low latency. Its core markets are advertising technology, financial services, telecommunications, retail and healthcare. The model is available in an open-source community edition and as a commercial product with enterprise features. “Our value is that we can linearly scale with our customer and still deliver…
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Group of US newspapers sues Open AI and Microsoft over copyright infringement – SiliconANGLE

Group of US newspapers sues Open AI and Microsoft over copyright infringement – SiliconANGLE

A coalition of eight U.S. newspapers is suing ChatGPT-maker OpenAI and Microsoft Corp, alleging that they have engaged in “purloining millions” of copyrighted news articles without permission or payment to train their generative AI models. The lawsuit, filed in the U.S. District Court for the Southern District of New York, comes from the Chicago Tribune, the New York Daily News, the Orlando Sentinel, the Sun Sentinel in Florida, The Mercury News in San Jose, California, The Orange County Register in California and the Pioneer Press of Minnesota. All the publishers are owned by the hedge fund Alden Global Capital. The…
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Automated data transformation startup Coalesce closes on $50M funding round – SiliconANGLE

Automated data transformation startup Coalesce closes on $50M funding round – SiliconANGLE

Data transformation startup Coalesce Automation Inc. has revealed how it is planning to scale its business, unveiling an ambitious roadmap to coincide with its biggest funding round yet. The company said today it has raised $50 million via a Series B funding round, bringing its total amount raised to more than $81 million. The round was led by Industry Ventures and existing backer Emergence Capital, and saw the participation of 11.2 Capital, DNX Ventures, GreatPoint Ventures, Hyperlink Ventures, Next Legacy Partners, Snowflake Ventures and Telestra Ventures. Coalesce has been around for just over two years, having launched in January 2022…
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Qualtrics generative AI gives surveys a real-time twist – SiliconANGLE

Qualtrics generative AI gives surveys a real-time twist – SiliconANGLE

Today, Qualtrics International Inc. is introducing three new features to its line of customer experience measurement applications that incorporate generative artificial intelligence capabilities. They include a feature that makes it possible for anyone in an organization to easily ask questions and get feedback on customer opinions, survey customization based on responses and intelligent summaries that provide feedback without compromising the confidentiality of individuals. The capabilities are embedded in Qualtrics’ three product suites – XM for Customer Experience, XM for Employee Experience and XM for Strategy + Research. Qualtrics said they’re intended to enable companies to predict customer needs, address employee…
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How Capital One leverages data products to drive value – SiliconANGLE

How Capital One leverages data products to drive value – SiliconANGLE

Data is the backbone of today’s enterprise. As the era of data products unfolds, companies face the mounting challenge of managing it in large volumes while ensuring control and sustained usability. Capital One Financial Corp. is leading the way as a financial industry example, orchestrating a symphony of data products and platforms to fuel its decision-making engine. “Data products are so much at the heart of what our team gets to work on for Capital One,” said Christina Egea (pictured), vice president of Enterprise Data product management at Capital One. “For us, data products at their core [means] treating data itself as a product, applying product…
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