SiliconANGLE - CybAI news

27 Oct

Celonis process mining aims to transform companies – SiliconANGLE

stp2y0 CommentsChat-GPTCelonis process mining looks to transform with sustainable efficiency, Ryan Stevens, SiliconANGLE

As industries prioritize efficiency and automation, there’s growing momentum around process intelligence and data-driven transformation. That’s where Celonis SE steps in. There’s been great excitement around Celonis process mining. It may feel right now like process mining is having a moment. It’s an evolution that is accelerating, according to Lars Reinkmeyer (pictured), chief evangelist at Celonis. Celonis’ Lars Reinkmeyer talks with theCUBE about Celonis process mining at Celosphere 24. “I’ve seen the process mining, which we did a couple of years ago, which was more than mining and visualizing,” Reinkmeyer said. “Now it’s been the intelligence, saying based on that…

27 Oct

Process intelligence driving efficiency and business value – SiliconANGLE

stp2y0 CommentsChat-GPTChad Wilson, Digital transformation unleashed: theCUBE explores AI-powered process intelligence innovations, SiliconANGLE

As industries increasingly look toward digital transformation, the integration of artificial intelligence and process intelligence has become central to advancing efficiency and maximizing value. These technologies empower organizations to streamline complex processes, reduce inefficiencies and unify data across disparate systems. This technology-driven shift not only enhances productivity but also aligns businesses with sustainability goals and rising customer expectations, making process intelligence and AI foundational to modern business strategies across industries, from finance to logistics, according to Rob Strechay (pictured, center), managing director and principal analyst at theCUBE Research. “I think what we’ve all been saying this week has been the…

27 Oct

Big-data startup UltiHash unveils advanced deduplication to boost AI storage efficiency – SiliconANGLE

stp2y0 CommentsGenAIBig-data startup UltiHash unveils advanced deduplication to boost AI storage efficiency, Mike Wheatley, SiliconANGLE

Big-data startup UltiHash GmbH is looking to disrupt the artificial intelligence storage market with the launch of a “unified storage layer” that combines a new and more sophisticated deduplication algorithm with the scalability of data lakes and the querying power of data warehouses. UltiHash reckons its unified storage layer is essential to tackle some of the most pressing challenges around AI storage, which has led to rising infrastructure costs and is having a significant environmental impact. The company cites a report by Forbes that shows how the market for AI will grow to more than $407 billion by 2027. As…

27 Oct

Intelligent automation insights from Persistent and OutSystems – SiliconANGLE

stp2y0 CommentsChat-GPTSiliconANGLE, The impact of low-code systems on intelligent automation: Insights from Persistent Systems and OutSystems, Victor Dabrinze

The rise of low-code platforms is reshaping the digital landscape, offering businesses a revolutionary way to develop software. Low-code platforms and intelligent automation help businesses handle “heavy lifting” by optimizing software development, making it more efficient and accessible to a broader range of users, according to Derek Downs (pictured, left), head of channels and alliances at OutSystems. OutSystems’ Derek Downs talks to theCUBE about Intelligent automation. “Generative AI lets you do it quickly,” Downs said. “You heard it from the main stage today, being able to move from just the bots to the agents, how do you have that intelligent driving?…

27 Oct

Data science and AI development platform Zerve raises $7.6M – SiliconANGLE

stp2y0 CommentsGenAIData science and AI development platform Zerve raises $7.6M, Kyt Dotson, SiliconANGLE

Ireland-based Zerve AI Ltd., a data science and artificial intelligence development platform, said today it has raised $7.6 million in a seed round to help data scientists and engineers collaborate faster. The round was led by Paladin Capital Group, with participation from existing investor Elkstone and angels, including Rob Hickey, former executive vice president of DataRobot. Zerve previously raised $3.8 million in pre-seed funding in October last year led by Elkstone. Zerve provides a visual collaboration platform for data teams that simplifies the building, managing and deployment of data and AI workflows. Teams can set up code blocks that pull in…

27 Oct

Intelligent automation: Transforming operations and services – SiliconANGLE

stp2y0 CommentsChat-GPTBrian Njuguna, SiliconANGLE, TD Bank leverages intelligent automation to drive customer-centric innovation and operational excellence

Based on the growing demand for systems to perform tasks that typically require human intelligence, such as pattern recognition, data analysis, adapting to new information and real-time decision making, intelligent automation is emerging as a perfect choice in the enterprise world. To streamline operations, minimize costs, improve accuracy and enhance productivity in retail banking, commercial banking, wealth insurance and investment banking, TD Bank Group has jumped on the intelligent automation bandwagon, according to Amin Kermali (pictured, right), vice president of enterprise digitization and automation at TD Bank. TD Bank Group’s Amin Kermali talks to theCUBE about intelligent automation. “TD Bank…

27 Oct

Meta inks multiyear AI content licensing deal with Reuters – SiliconANGLE

stp2y0 CommentsChat-GPTMaria Deutscher, Meta inks multiyear AI content licensing deal with Reuters, SiliconANGLE

Meta Platforms Inc. has inked a licensing deal with Reuters that will give it access to the news agency’s content. Axios revealed the agreement this morning. Meta and Reuters subsequently confirmed the news without disclosing the deal’s terms. Under the contract, Meta will make Reuters content accessible to its Meta AI chatbot for consumers. The chatbot will draw on the licensed articles to provide information about news and current events. Every prompt response generated in this manner is expected to include a link to the Reuters story on which it’s based. The feature began rolling out in the U.S. today.…

27 Oct

Concentric bags $45M to expand its AI-powered data cataloging tools – SiliconANGLE

stp2y0 CommentsGenAIConcentric bags $45M to expand its AI-powered data cataloging tools, Mike Wheatley, SiliconANGLE

Concentric Inc. said today it has closed on $45 million in a fresh round of funding led by Top Tier Capital Partners and HarbourVest Partners. The Series B round also saw the participation of CyberFuture and existing investors like Ballistic Ventures, Engineering Capital, Clear Ventures and Citi Ventures, bringing the startup’s total amount raised to more than $67 million. The company is targeting a global market for data access governance that’s expected to grow to more than $8 billion by 2027, and to do that it’s hoping to cater to companies that are awash in data they cannot easily protect. Its main…

27 Oct

Generative AI adoption sets the table for AI ROI – SiliconANGLE

stp2y0 CommentsChat-GPTDave Vellante, Generative AI adoption sets the table for AI ROI, SiliconANGLE

Generative artificial intelligence enthusiasm has lately turned to artificial intelligence skepticism. Lack of clarity on tangible return on investment for mainstream businesses, a narrow list of early winners and relentless vendor marketing around AI has caused cynicism and media backlash. But the reality remains that we have entered a new era in technology innovation that has a high probability of transforming industries, public policy, company leadership and the related fortunes of individuals and organizations. Moreover, 97% of leading gen AI adopters report that they’re achieving tangible benefits from their deployments. Adoption of gen AI is relentlessly on the rise and…

28 Sep

CXL memory drives the future of data centers with low-latency solutions – SiliconANGLE

stp2y0 CommentsGenAIChad Wilson, CXL memory: The key to unlocking high-performance computing in modern data centers, SiliconANGLE

As the demand for real-time data processing escalates, the technology behind Compute Express Link, known as CXL, is emerging as a critical solution for modern data centers. CXL memory is one solution that addresses the challenges presented by the rapid growth of applications such as generative AI, autonomous driving and in-memory databases. It achieves this by offering high speed and low latency, which significantly boosts data throughput and scalability. This transformative approach enables the development of more efficient and powerful data center infrastructures, according to Andrey Kudryavtsev (pictured, back row, right), senior manager of CXL business development at Micron Technology…