Mike Wheatley

Supabase, the Postgres-based application development platform, raises $80M in funding – SiliconANGLE

Supabase, the Postgres-based application development platform, raises $80M in funding – SiliconANGLE

Open-source application development platform and Postgres database service provider Supabase Inc. said today it has closed on an $80 million round of funding, bringing its total amount raised to date to $196 million. Today’s Series C round, which was first reported by TechCrunch, was led by Peak XV and Craft Ventures, and saw participation from Avra Capital plus previous investors Coatue, Felicis and Y Combinator. Supabase, which also raised $80 million via its Series B funding round in 2022, didn’t reveal a valuation. However, the company’s co-founder and Chief Executive Paul Copplestone told Techcrunch that the latest investment was an…
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Airtable’s new updates simplify the creation of no-code apps with integrated generative AI – SiliconANGLE

Airtable’s new updates simplify the creation of no-code apps with integrated generative AI – SiliconANGLE

Airtable Inc., creator of a no-code platform for building applications and workflows, is expanding on its investments in artificial intelligence with the launch of new tools that will enable every organization to start taking advantage of AI. The new products announced today include App Library, a new tool for deploying custom-developed applications that integrate AI models, and HyperDB, which paves the way for companies to create workflows that integrate massive datasets from platforms like Databricks and Snowflake. Airtable sells a cloud-based “Digital Operations Platform” that enables teams to store, organize and collaborate on structured data. It works as a real-time…
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Startup Ensemble gets $3.3M in funding to fix data quality issues with Dark Matter – SiliconANGLE

Startup Ensemble gets $3.3M in funding to fix data quality issues with Dark Matter – SiliconANGLE

Ensemble AI Inc. is looking to tackle headaches around data quality and help companies build more powerful artificial intelligence models after closing on a $3.3 million seed funding round. Today’s round was led by Salesforce Ventures, with Amplo, M13 and Motivate also participating. They’re backing Ensemble because the startup has created a pioneering approach to data representation in order to enhance the performance of AI models, without pumping them with vast amounts of extra data or creating more complicated model architectures. What the startup is doing is using machine learning techniques to enhance AI models, by helping them uncover hidden relationships…
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Zenlytic raises $9M to enable self-serve business intelligence with an AI-powered data analyst – SiliconANGLE

Zenlytic raises $9M to enable self-serve business intelligence with an AI-powered data analyst – SiliconANGLE

Self-serve business intelligence startup Zenlytic, officially known as Ex Quanta Inc., said today it has closed on a $9 million early-stage round of funding, to fuel its ambitions of bring artificial intelligence-powered BI to every office worker. Today’s Series A round was led by M13, which was joined by new and old investors such as Bain Capital Ventures, Primary Ventures, Company Ventures, Correlation Ventures and 14 Peaks, plus a number of angel investors. Zenlytic has created a business intelligence platform with a difference, centered on Zoë, an AI data analyst that it says is more advanced than traditional copilots or…
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Automation software firm Workato aims to take the work out of data pipeline orchestration – SiliconANGLE

Automation software firm Workato aims to take the work out of data pipeline orchestration – SiliconANGLE

Enterprise orchestration software company Workato Inc. today announced the launch of new tools that it says will simplify the job of orchestrating data pipelines for artificial intelligence and other workloads. Its new Data Orchestration offerings not only help companies set up new data pipelines quickly, but enable them to move and transform data rapidly according to their needs, while monitoring the quality of that data. Workato is the creator of a versatile, no-code integration platform that enables organizations to connect more than 300 business systems and applications and automate workflows across those systems. The key to its platform is its so-called…
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AI21 Labs’ updated hybrid SSM-Transformer model Jamba gets longest context window yet – SiliconANGLE

AI21 Labs’ updated hybrid SSM-Transformer model Jamba gets longest context window yet – SiliconANGLE

OpenAI rival AI21 Labs Ltd. today lifted the lid off of its latest competitor to ChatGPT, unveiling the open-source large language models Jamba 1.5 Mini and Jamba 1.5 Large. The new models are based on an alternative architecture that enables them to ingest much longer sequences of data, so they can better understand context compared to traditional LLMs. AI21 says Jamba 1.5 Mini and 1.5 Large stand out as the fastest and most efficient LLMs in their class sizes, delivering superior performance to open-source alternatives such as Llama 8B and Llama 70B. The models build on the success of the original…
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Open-source data science platform Knime raises $30M to seize opportunity in generative AI – SiliconANGLE

Open-source data science platform Knime raises $30M to seize opportunity in generative AI – SiliconANGLE

Open-source data science platform provider Knime AG said today it has closed on a new, $30 million investment from its longtime backer Invus. The round is the first major investment the company has received since Invus led its initial Series A funding round way back in 2017, and brings its total amount raised to date to $50 million. Knime has created what it says is the world’s most complete open-source platform for “end-to-end data science.” Used for artificial intelligence development, it includes tools for creating and deploying analytical models, sharing insights and consuming them across entire organizations. The platform is…
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Environmentalists sound alarm over Virginia’s data centers as water consumption skyrockets – SiliconANGLE

Environmentalists sound alarm over Virginia’s data centers as water consumption skyrockets – SiliconANGLE

Concerns are being raised over the environmental impact of Virginia’s data centers after a report revealed they have increased their water consumption by almost two-thirds in the last five years. With the rapid adoption of artificial intelligence, there are fears that the situation will only get worse. The report by the Financial Times cites data obtained via freedom of information requests revealing that Virginian data centers used more than 1.85 billion gallons of water in 2023 alone, up from 1.13 gallons in 2019. The numbers reportedly come from water authorities in the counties of Fairfax, Loudoun, Prince William and Fauquier. The…
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Anthropic reveals system prompts that guide its Claude AI models’ behavior – SiliconANGLE

Anthropic reveals system prompts that guide its Claude AI models’ behavior – SiliconANGLE

Anthropic PBC, one of the major rivals to OpenAI in the generative artificial intelligence industry, has lifted the lid on the “system prompts” it uses to guide its most advanced large language models, such as Claude 3.5 Opus, Claude 3.5 Sonnet and Claude Haiku. It’s an intriguing move that positions Anthropic as a bit more open and transparent than its rivals, in an industry that’s often criticized for its secretive nature. Systems prompts are used by generative AI companies to try to steer their models away from responses that are unlikely to reflect well on them. They’re designed to guide…
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Snowflake beats expectations but stock falls on fears of decelerating revenue growth – SiliconANGLE

Snowflake beats expectations but stock falls on fears of decelerating revenue growth – SiliconANGLE

Updated: Shares of the cloud data warehouse giant Snowflake Inc. were battered and bruised in extended trading today, even though the company delivered solid second-quarter results and guidance that came in above expectations. The company’s stock fell more than 7% after-hours, with analysts saying that its likely shareholders are concerned over the possibility of a second-half revenue deceleration implied by the outlook. Update: Shares closed down almost 15% Thursday. Snowflake reported second-quarter earnings before certain costs such as stock compensation of 18 cents per share, while revenue jumped 29%, to $868 million. The numbers were better than expected, since analysts…
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