Big Data – SiliconANGLE

An inside look at Alation’s new ALLIE AI and Analytics Cloud, driving data forward

Ryan Stevens — Thu, 12 Oct 2023 15:14:33 +0000

AI is on everyone’s agenda, from the bottom-up developers to the top-down boardroom. Data, meanwhile, is the new value proposition and the new intellectual property. With that in mind, Alation Inc. is launching ALLIE AI, said Junaid Saiyed, chief technology officer of Alation. “ALLIE is a co-pilot that increases productivity by enabling, all the way […]

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ChaosSearch releases Chaos LakeDB with the aim of revolutionizing data architecture

Ryan Stevens — Thu, 12 Oct 2023 13:06:55 +0000

In today’s technology landscape, it’s clear that both observability and data platforms are required to satisfy an organization’s needs at scale. That’s made especially true in a cloud-native world, where there are often 20 or more microservices per application, and where data-heavy, generative AI applications are built daily. Such needs were in mind on the […]

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Alation debuts AI copilot and analytics cloud to help enterprises wrangle data

Mike Wheatley — Thu, 12 Oct 2023 00:24:31 +0000

Enterprise data intelligence startup Alation Inc. is jumping on the artificial intelligence bandwagon today, announcing a new copilot called ALLIE AI that’s intended to increase the productivity of anyone who regularly works with large datasets. It’s said to be able to automate the documentation and curation of data assets at large scale, making it easier […]

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Hitachi Vantara debuts unified data control plane spanning cloud, block, file and object storage

Mike Wheatley — Tue, 10 Oct 2023 16:00:33 +0000

Enterprise storage infrastructure provider Hitachi Ventura LLC today unveiled what it says is a single, hybrid cloud data platform that caters to both structured and unstructured information across the full range of storage types. By creating a common data plane across block, file and object storage, Hitachi said, it’s providing a way for enterprises to […]

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Pure Storage beefs up Evergreen subscription service with cost and data resiliency guarantees

Mike Wheatley — Tue, 10 Oct 2023 13:00:51 +0000

Flash storage pioneer Pure Storage Inc. said today it’s once again disrupting the storage-as-a-service industry with its Evergreen portfolio, introducing what it says is a first-of-its-kind commitment to pay for customers’ power and rack space costs. At the same time, it announced expanded energy efficiency, capacity density and zero-data loss guarantees, plus flexible upgrades, across […]

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Multimodal database startup TileDB raises $34M in Series B funding

Mike Wheatley — Tue, 10 Oct 2023 13:00:16 +0000

Database startup TileDB Inc. said today it has closed on a $34 million Series B funding round, which will help it to advance its vision of becoming the “modern database” for enterprises, developers and data scientists alike. Today’s round was notably led by AlleyCorp, a venture capital firm founded by the MongoDB database creator Kevin […]

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Federated Co-operatives’ journey from traditional ops to a data-driven approach

Victor Dabrinze — Thu, 05 Oct 2023 16:58:11 +0000

From logistics to supply chains, marketing, sales operations and application development, data-driven decision-making is imperative for today’s businesses. Formerly a traditionally run company, Federated Co-operatives Ltd. has embraced data’s transformative power to inform decisions on spending habits and customer trends for improved product recommendations and personalized offers, among others. “We are investing in technologies to […]

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Observe raises $50M and integrates generative AI to simplify application observability

Mike Wheatley — Thu, 05 Oct 2023 13:00:45 +0000

Software-as-a-service observability specialist Observe Inc. said today it has closed on a $50 million early-stage round of funding led by Sutter Hill Ventures, bringing its total amount raised to date to $164.5 million. The Series A round was announced alongside the launch of Hubble, a new version of its main observability suite that’s said to […]

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AlphaSense secures $150M at $2.5B valuation for its market intelligence platform

Maria Deutscher — Thu, 28 Sep 2023 19:46:07 +0000

AlphaSense Inc., the developer of a market intelligence platform used by more than 4,000 enterprises and investors, today announced that it has raised $150 million in funding. Technology investment firm BOND led the Series E round. It was joined by Alphabet Inc.’s CapitalG venture fund, Viking Global Investors and Goldman Sachs. AlphaSense is now worth […]

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Data mesh startup Nextdata raises $12M in funding

Maria Deutscher — Thu, 28 Sep 2023 18:02:49 +0000

Nextdata, a startup making it easier for enterprises to implement the data mesh architecture, today announced that it has raised $12 million in seed funding. Greycroft and Acrew Capital led the investment. A number of angel investors participated as well. Nextdata said that it will use the capital to accelerate product development initiatives and grow […]

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US Army awards $250M contract to Palantir to research and develop AI

Duncan Riley — Thu, 28 Sep 2023 00:55:41 +0000

The U.S. Army has awarded a $250 million contract to Palantir Technologies Inc. to research and develop artificial intelligence and machine learning technology. The three-year deal for AI services reportedly builds on the work Palantir has been doing since at least 2018 for the Army Research Lab. Per the terms of the new contract, Palantir will […]

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Efficient data movement and storage for disaster recovery

Sead Fadilpasic — Wed, 27 Sep 2023 19:54:06 +0000

Many companies have come to recognize data management as a crucial skill integral to daily operations and are actively enhancing data management capabilities through the adoption of a systematic approach. The importance of having a robust data protection strategy cannot be overstated, particularly in the context of recovering from disruptive incidents, such as ransomware attacks. […]

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Revefi raises $10.5M in seed funding to disrupt the data observability industry

Mike Wheatley — Wed, 27 Sep 2023 12:00:04 +0000

Revefi Inc. said today it has armed itself with $10.5 million from a seed funding round, aiming to disrupt the data observability market with its artificial intelligence-powered Data Operations Cloud. Today’s round was led by Mayfield Managing Partner Navin Chaddha and saw participation from GTMfund, Neythri Futures Fund and more than 10 other strategic investors. […]

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Confluent debuts managed Apache Flink service and generative AI features

Maria Deutscher — Tue, 26 Sep 2023 13:00:12 +0000

Confluent Inc. is extending Confluent Cloud, its flagship data streaming platform, with a managed Apache Flink service that will make it easier for customers to analyze their business information. The service made its debut today at Current, the company’s annual user conference. Confluent also introduced a number of other new features at the event including […]

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Uber for everyone: Bob Muglia on how the future of data apps will evolve

Dave Vellante with George Gilbert — Sat, 23 Sep 2023 16:13:30 +0000

In June, we put forth our scenario about “Uber for all.” We believe a new breed of intelligent data apps is emerging and we used Uber Technologies Inc. as an example where data about people, places and things is brought together in a data-coherent, realtime system. The premise is that increasingly, organizations are going to […]

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Effectively addressing security challenges through visibility, trust and actionable data

Sead Fadilpasic — Fri, 22 Sep 2023 17:42:49 +0000

Maintaining brand reputation is vital for any company, as even a minor breach in an office can greatly affect stock price and how the public perceives the company. For this and other reasons, Hubble Technology Inc., a cybersecurity consulting business, was created to address inconsistent technology environments. The need for visibility in security operations is […]

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Venture capital firm Runa Capital makes unsolicited offer for MariaDB

Duncan Riley — Wed, 20 Sep 2023 00:46:08 +0000

Database management system provider MariaDB plc has received an unsolicited offer from a venture capital firm to acquire the company. First reported by the Register, the disclosure was made in a filing with the U.S. Securities and Exchange Commission. In the filing, MariaDB says that pursuant to the Irish Takeover Panel Act 1997 and Takeover […]

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Tabular, the vendor-neutral data store based on Apache Iceberg, raises $26M in funding

Mike Wheatley — Tue, 19 Sep 2023 10:00:16 +0000

Startup Tabular Technologies Inc., creator of an independent data platform based on the open-source Apache Iceberg data lake software, said today it has closed on a $26 million round of funding. Today’s round was led by Altimeter Capital, and saw participation from the previous lead investor of Tabular’s earlier round, Andreessen Horowitz, as well as […]

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Kinetica folds a custom large language model into its analytical database

Paul Gillin — Mon, 18 Sep 2023 12:00:24 +0000

Analytical database developer Kinetica DB Inc. today announced that it has integrated a native large language model-based query engine into its platform that lets users perform ad-hoc data analysis on real-time, structured data using natural language. The company said it built its own LLM in part because of privacy and security concerns that have been raised about […]

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Advanced real-time data a potential gamechanger as the enterprise goes high-fidelity

Victor Dabrinze — Fri, 15 Sep 2023 19:20:05 +0000

Databases are a critical operating component for today’s data-driven enterprises. And as advanced artificial intelligence continues to take hold, it’s adding a whole new set of exciting possibilities to the mix. SingleStore Inc. is leading the charge to propagate a real-time data paradigm catalyzed by AI’s expanding capabilities, according to Raj Verma (pictured, left), chief executive […]

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Open-source database PostgreSQL 16 brings performance and scaling enhancements

Kyt Dotson — Thu, 14 Sep 2023 18:35:14 +0000

The developer behind the popular open-source PostgreSQL database software, the PostgreSQL Global Development Group, today announced the release of PostgreSQL 16 that includes enhancements to security, scaling and performance. PostgreSQL is a relational database management system, also known as Postgres, which is free and open source. It supports both nonrelational and relational data types and […]

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Databricks raises $500M in new funding at mammoth $43B valuation

Maria Deutscher — Thu, 14 Sep 2023 17:46:13 +0000

Data management provider Databricks Inc. has raised more than $500 million in funding at a $43 billion valuation. T. Rowe Price Associates led the Series I round with contributions from a dozen other backers, Databricks detailed in its announcement of the investment today. Those other backers included Nvidia Corp. and Andreessen Horowitz. Capital One Ventures, Morgan […]

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NeuroBlade and Meta’s Velox team up to boost data analytics acceleration

Duncan Riley — Thu, 14 Sep 2023 11:00:47 +0000

Data analytics acceleration startup NeuroBlade Ltd. today announced that it has teamed up with Meta Platforms Inc.’s Velox community to open source hardware acceleration to the Velox execution engine by integrating NeuroBlade’s SQL Processing Unit. The open-source hardware integration to the Velox execution engine delivers seamless integration of NeuroBlade’s SPU technology to yield acceleration of more than […]

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IoT, sustainability and the future of data analytics

Cheryl Knight — Wed, 13 Sep 2023 20:00:07 +0000

In a world increasingly driven by the internet of things, the seamless integration of edge-to-cloud technologies is revolutionizing industries across the board. The balance between old and new tech, as well as the innovative use of synthetic data, is reshaping the way companies approach efficiency and sustainability. “If you look at SAS’ [long] history, we’ve […]

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Data management provider Denodo raises $336M from TPG

Maria Deutscher — Wed, 13 Sep 2023 19:30:29 +0000

Denodo Technologies Inc., a provider of data management software, today announced that it has raised $336 million from private equity firm TPG. The transaction is described as a Series B investment. It included equity funding and a sale of secondary shares by HGGC, a private equity firm that became a Denodo investor in 2017. The […]

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Exploring the SAS Hackathon: Where innovation meets competition

Victor Dabrinze — Wed, 13 Sep 2023 19:03:13 +0000

In the world of evolving tech, hackathons are revered as crucibles of innovation, and the SAS Institute Inc. Hackathon stands out as a shining example of this tradition. One standout team in this year’s edition was Notilyze B.V., a SAS partner based in the Netherlands. Working with a cheese factory to optimize their production processes and […]

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How is data democratization, cloud modernization and AI helping the financial services sector?

Victor Dabrinze — Wed, 13 Sep 2023 16:20:47 +0000

The traditional roles of financial institutions are shifting. Beyond just holding money and disbursing loans, today’s banks have to accommodate new functions, such as creating digitized customer experiences driven by hybrid cloud. One of the prominent themes at this week’s SAS Explore event revolves around SAS Institute Inc.’s billion-dollar investment in advanced analytics solutions. With the […]

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SQream reels in $45M for its speedy GPU-powered database

Maria Deutscher — Tue, 12 Sep 2023 19:22:55 +0000

SQream Technologies Ltd., the developer of a high-speed database that runs on graphics processing units, has raised $45 million in new funding. Tel Aviv-based SQream announced the Series C funding round this morning. The round was led by World Trade Ventures with participation from several new and returning backers. Since its 2010 launch, SQream has […]

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SAS ups AI features in its analytics and CRM platforms

Paul Gillin — Tue, 12 Sep 2023 18:15:48 +0000

Analytics software provider SAS Institute Inc. today is amping up development features in its Viya artificial intelligence and analytics platform and previewing some of the work it is doing with generative AI. It also said users of its Customer Intelligence 360 customer relationship management application can now integrate with generative AI models of their choice […]

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The state of building modern data teams

Rob Strechay — Mon, 11 Sep 2023 21:02:07 +0000

In a world where the post-pandemic dust is beginning to settle, one thing has become increasingly clear: Data teams are in high demand. The driving force behind this demand is not just hype but the tangible impact of large language models or LLMs and the challenges of effectively using them — especially as LLMs become […]

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