Mike Wheatley

Katara raises $2.2M in seed funding to accelerate developer experiences with generative AI – SiliconANGLE

Katara raises $2.2M in seed funding to accelerate developer experiences with generative AI – SiliconANGLE

Developer experience platform startup Katara AI Inc. today revealed it has closed on a $2.2 million seed funding round, with plans to use the money to expand beyond its Web3 customer base and target developers at legacy technology firms. Today’s round was co-led by Diagram Ventures and Sparkle Ventures, and saw participation from StreamingFast and other angel investors. It brings Katara’s total amount raised to date to $2.6 million, following an earlier pre-seed round. The startup has built a novel developer experience platform that integrates generative artificial intelligence, machine learning and natural language processing technologies to automate feedback and respond…
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Cerebras Systems throws down gauntlet to Nvidia with launch of ‘world’s fastest’ AI inference service – SiliconANGLE

Cerebras Systems throws down gauntlet to Nvidia with launch of ‘world’s fastest’ AI inference service – SiliconANGLE

Ambitious artificial intelligence computing startup Cerebras Systems Inc. is raising the stakes in its battle against Nvidia Corp., launching what it says is the world’s fastest AI inference service, and it’s available now in the cloud. AI inference refers to the process of running live data through a trained AI model to make a prediction or solve a task. Inference services are the workhorse of the AI industry, and according to Cerebras, it’s the fastest-growing segment too, accounting for about 40% of all AI workloads in the cloud today. However, existing AI inference services don’t appear to satisfy the needs…
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Quest Software announces enhanced data intelligence and modeling tools to boost AI data quality – SiliconANGLE

Quest Software announces enhanced data intelligence and modeling tools to boost AI data quality – SiliconANGLE

Quest Software Inc., the former Dell Technologies Inc. business unit that’s focused on enterprise data management and security, today announced a major update to its popular erwin Data Intelligence and erwin Data Modeler tools. The revamped offerings enable companies to pursue a more comprehensive approach to managing, governing and using data to fuel their ambitions around artificial intelligence, according to Quest. The company explains in its pitch that the ability to manage data effectively is essential for modern organizations, not just to become a leader in their industry, but simply to remain competitive at all. These days, as every organization…
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Hopsworks wants to make a splash with the industry’s first AI data lakehouse – SiliconANGLE

Hopsworks wants to make a splash with the industry’s first AI data lakehouse – SiliconANGLE

Swedish data lakehouse company Hopsworks AB is pitching what it says is the industry’s “first unified platform for building batch, real-time and large language model” artificial intelligence systems. In the Hopsworks 4.0 release, the company is enhancing its flagship platform with multiple new capabilities designed to help AI systems leverage real-time data, including a new feature store and vector database index system. The release, which will become generally available “soon”, also adds native Python access and more granular fine-tuning features for LLMs. The updates will enable teams to build AI systems of unparalleled scale and support the most challenging AI…
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AI data reliability startup Soda Data raises $14M – SiliconANGLE

AI data reliability startup Soda Data raises $14M – SiliconANGLE

The artificial intelligence-powered data quality startup Soda Data NV said today it has closed on a new $14 million funding round, despite claiming it has already achieved financial self-sufficiency over the past 12 months. Today’s round was led by existing investors and strategic partners Singular and Point Nine. It comes around three-and-a-half years after the company last secured financial backing through an additional $14 million funding round in February 2021. Netherlands-based Soda says the latest round comes at a time when the demand for what it calls “trusted data” is stronger than ever, with the rising popularity of artificial intelligence…
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Hybrid cloud data management startup CTERA Networks targets AI workloads after raising $80M – SiliconANGLE

Hybrid cloud data management startup CTERA Networks targets AI workloads after raising $80M – SiliconANGLE

Hybrid cloud data management startup CTERA Networks Ltd. said today it’s aiming to expand its presence in the “data intelligence” business after closing on an $80 million funding round. Today’s investment was led by PSG Equity, whose managing director Ronen Nir is joining its board of directors, alongside representatives from existing investors such as Benchmark, Bessemer Venture Partners and Red Doc Capital partners. The company has emerged as a leading player in the cloud data management industry, and claims to set new standards for unstructured data, which is becoming vitally important to enterprises pursuing artificial intelligence projects. Israel-based CTERA sells…
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Iterative debuts DataChain for curating and processing unstructured data with AI models – SiliconANGLE

Iterative debuts DataChain for curating and processing unstructured data with AI models – SiliconANGLE

A startup called Iterative Inc., which is focused on helping to improve and streamline workflows for artificial intelligence engineers, today announced a new open-source tool called DataChain that it says will transform the way unstructured data is curated, processed and evaluated, by using large language models. The company explains that unstructured data is vital for training and fine-tuning the most advanced and sophisticated AI models today. But though it makes up the bulk of information stored by companies on their servers and systems, it’s not easy to put it to use. A recent survey by McKinsey & Company on the…
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Qlik debuts new data integration and curation tools for generative AI systems – SiliconANGLE

Qlik debuts new data integration and curation tools for generative AI systems – SiliconANGLE

Data integration platform provider Qlik Tech International AB this week debuted a new product called the Qlik Talend Cloud, saying it’s designed to deliver high-quality, trusted data to artificial intelligence systems. It was announced alongside a new generative AI assistant that promises to help companies make better use of their unstructured data. The announcements came earlier this week during the company’s annual Qlik Connect event in Orlando. There, it also revealed strategic alliances with Amazon Web Services Inc. and Snowflake Inc. During Qlik Connect, the company was keen to stress the importance of good data and proper data management in enabling…
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Apica integrates complex data management capabilities to enhance application observability – SiliconANGLE

Apica integrates complex data management capabilities to enhance application observability – SiliconANGLE

Application monitoring and data management startup Apica AB has finally delivered on the integrations it promised following its recent acquisitions of Logiq.ai LLC and Circonus Inc. The company said today that its newly enhanced products will provide deeper insights into data management and make it easier for customers to benefit from them. The revamped Apica Ascent 2.0 platform comes as the company announced it has closed on a $16 million funding round, saying it will use the money to expand the office of its chief technology officer and add to its engineering, research and product development teams. Apica is a fast-growing…
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Multi-model database startup SurrealDB raises $20M and announces cloud beta access – SiliconANGLE

Multi-model database startup SurrealDB raises $20M and announces cloud beta access – SiliconANGLE

Open-source database startup SurrealDB Inc. said today it has closed on a $20 million funding investment that will fund its ambitions to disrupt the big data industry. The round, led by FirstMark and Georgian with participation from Crew Capital and Alumni Ventures, brings the company’s total amount raised to date to $26 million. The startup is the creator of what it calls a “multi-model database,” which consolidates various database types into a single platform, eliminating the need for enterprises and application developers to use multiple systems for different types of data. The cloud-based SurrealDB enables developers to adapt to various…
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