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Anthropic in Talks with Menlo Ventures to Raise $750M

Another influx of cash might be on the horizon for Anthropic. The OpenAI competitor is hoping to raise $750 million in a new round of funding, according to Bloomberg and originally reported by The Information. The AI Read more…

What’s the Vector, Victor?

Depending on your age, and perhaps your sense of humor, you may get that reference from the movie “Airplane.” Regardless, it’s quite likely you’ve seen the topic of vector databases mentioned thanks, in part, to Read more…

Enterprises Have Already Made Deep Investments in Data Infrastructure; With AI, They’ll Finally See a Return

The rise of generative AI has captured the imagination of tech enthusiasts and enterprise leaders alike. The promise–and risk–of AI is of a world transformed at a pace never seen before. Enterprises, both fledgling a Read more…

How AWS Plans to Cope with GenAI’s Insatiable Desire for Compute

Companies that toyed around with generative AI this year will be looking to play for keeps in 2024 with production GenAI apps that move the business needle. Considering there’s not enough GPUs to go around now, where w Read more…

Only 10 Percent Of Organizations Launched GenAI Solutions in 2023, According to an Intel Company

While 2023 is widely touted as the year of generative artificial intelligence (GenAI), a recent study by an Intel company reveals a different reality. The findings of the 2023 ML Insider by cnvrg.io shows that only 10 pe Read more…

News In Brief

Feds Launch AI Safety Institute and Consortium to Set AI Rules

The U.S. Government made two big announcements this week to help drive development of safe AI, including the creation of the U.S. Artificial Intelligence Safety Institute, or AISI, on Wednesday and the creation of a supp Read more…

Wavestone Survey Shows GenAI is Having a Major Impact on Data Culture

While 2023 was the year of GenAI, the adoption rates for GenAI did not match expectations. Most organizations are continuing to invest in GenAI but are yet to derive any substantial value from it. However, the GenAI hyp Read more…

New AI Patent Study Shows IBM Leads Google and Microsoft in GenAI Race

The meteoric rise of artificial intelligence over the last year has sent tech companies scrambling to find new ways to develop and deploy AI technology in their products and processes. Companies that have developed or ar Read more…

Nvidia’s Dominance in AI Chips Challenged by Big Tech Companies

The GenAI boom has exposed just how reliant the big tech companies have become on Nvidia, the leading global manufacturer of high-end graphics processing units (GPUs). The rise in demand for specialized chips for AI solu Read more…

Databricks Acquires Team Behind AI Startup Einblick

Databricks, one of the leading data lakhouse providers, continues its shopping spree by acquiring the team behind the natural language data science notebook Einblick. The Einblick team has spent the last four years b Read more…

This Just In

Fauna Launches Distributed Document-Relational Database On Google Cloud Marketplace

Mar 21, 2024 |

SAN MATEO, Calif., March 21, 2024 — Fauna today announced the availability of its database on Google Cloud Marketplace. Now, Google Cloud and Fauna customers can procure, activate, and manage the Fauna database directly through their Google Cloud account, streamlining integrations and workflows while unifying resourcing and billing. Read more…

Matillion Introduces Generative AI Capabilities, Enhancing Data Pipeline Construction for Business Applications

Mar 21, 2024 |

DENVER and MANCHESTER, England, March 21, 2024 — Cloud Data Integration provider Matillion today becomes the first platform to unify pushdown ELT and pushdown AI to allow data engineers to build Analytics & Read more…

Zilliz Introduces Milvus 2.4 with GPU Indexing Support for CAGRA

Mar 21, 2024 |

REDWOOD CITY, Calif., March 21, 2024 — Zilliz is proud to announce the release of Milvus 2.4, setting a new standard in vector search capabilities with a groundbreaking GPU indexing feature powered by NVIDIA’s CUDA-Accelerated Graph Index for Vector Retrieval (CAGRA), part of the RAPIDS cuVS library. Read more…

BigID Secures $60M in Growth Funding to Propel AI Data Security Innovations

Mar 21, 2024 |

NEW YORK, March 21, 2024 — BigID, a pioneer in AI-augmented data security, compliance and privacy for modern cloud-first enterprises, recently announced that it closed a $60 million growth round led by Riverwood Capital with participation by Silver Lake Waterman and Advent. Read more…

EY Announces Acceleration of Client AI Business Model Adoption with NVIDIA AI

Mar 21, 2024 |

LONDON, March 20, 2024 — The EY organization has announced that Ernst & Young LLP (EY US) will help clients implement and accelerate their artificial intelligence (AI) journeys using NVIDIA’s industry-leading technology and solutions. Read more…

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