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AI-Powered Drug Development in a Post-COVID World

Apr 19, 2021 |

The developed world is on the cusp of turning the corner in the fight against COVID-19 thanks to the unprecedented effort to rapidly develop and distribute effective vaccines. Now technologists are hoping to take drug development to the next level, and AI will play a big role. Read more…

The True Cost of IT Ops, The Added Value of AIOps

Apr 14, 2021 |

Today’s IT landscape is complex, hybrid, and fast-moving, and the adoption of multi-cloud infrastructure, applications, and new digital transformation initiatives is accelerating. IT operations teams, playing a vital role in enabling the delivery of uninterrupted services and creating business value for enterprises, are finding they need to constantly grow their resources to manage all the moving pieces in their IT stack. Read more…

Why AI Is Failing for Enterprises: Predetermination Bias

Apr 12, 2021 |

Our best practices for managing data are ancient. Literally.

For tens of thousands of years we’ve managed the future by predetermining the resources we think we’ll need, limiting our futures to what we can foresee. Read more…

Reimagining a New Future by Navigating a Crisis with Data

Apr 6, 2021 |

“An opportunity of a lifetime.” Many businesses would not describe the COVID-19 pandemic in these words, but forward-thinking leaders are doing just that. Framing a crisis as an opportunity to reinvent their organizations has been essential for these leaders. Read more…

The Data Proxy That Let CVS See Around the COVID Corner

Mar 29, 2021 |

When the economy went into lockdown from COVID last March, consumer demand shifted practically overnight, throwing retailers and their carefully planned supply chains into disarray. Like many retailers, CVS Health suffered from the turmoil. Read more…

News In Brief

Scale AI Gets A $325M Series E Funding Infusion to Grow Its Data Annotation Mission

Apr 19, 2021 |

Data annotation and labeling startup Scale AI is taking in another $325 million in new investment, this time through a Series E round.

The San Francisco-based company, which was founded in 2016, works to help enterprises annotate or label their stores of data so it can be used more effectively to drive business growth while using their data resources more effectively. Read more…

Torch.AI Looks to Replace ‘Store and Reduce’ with Synaptic Mesh

Mar 17, 2021 |

Torch.AI, the profitable startup applying machine learning to analyze data “in-flight” via its proprietary synaptic mesh technology, announced its first funding round along with expansion plans.

The Series A round garnered $30 million, and was led by San Francisco-based WestCap Group. Read more…

Data Privacy Startup Privacera Raises More Cash

Mar 9, 2021 |

Growing demand for data governance, privacy and security tools needed to comply with an expanding list of national data-privacy rules continues to attract investors as more sensitive data shifts to the cloud. Read more…

Algorithmia Adds Data Governance Tools

Mar 4, 2021 |

Data governance and a growing list of compliance rules remain key considerations for managing machine learning models in production. Vendors are responding to the growing risks with compliance frameworks as they flesh out their enterprise offerings. Read more…

Microsoft Debuts AI-Based Semantic Search on Azure

Mar 3, 2021 |

Microsoft has been steadily upgrading its enterprise search capabilities, recently targeting previously “unsearchable” unstructured data in the form of PDFs, Word documents, text files and JPEGs. The result was Azure Cognitive Search, a cloud-based service with built-in AI capabilities. Read more…

This Just In

Druva Secures $147 Million Investment to Extend Market Leadership

Apr 19, 2021 |

SUNNYVALE, Calif., April 19, 2021 — Druva Inc., a leader in Cloud Data Protection and Management, today announced a $147 million investment as the company rapidly scales in response to accelerated demand for its platform. Read more…

New MIT Technology Review Insights Report: Building a High-Performance Data and AI Organization

Apr 15, 2021 |

CAMBRIDGE, Mass., April 15, 2021 — A new report by MIT Technology Review Insights explores how decision-makers from leading organizations excel by deploying advanced cloud-based technologies, including analytics and machine learning capabilities. Read more…

Carleton University and IBM Partner in AI, ML and Data Science for a Future-Ready Workforce

Apr 15, 2021 |

OTTAWA, April 15, 2021 — Carleton University and IBM Canada today announce a five-year multimillion-dollar collaboration agreement to enhance Carleton’s Institute for Data Science and equip students for essential jobs in emerging digital careers such as artificial intelligence (AI), machine learning and data science. Read more…

Metis Launches Online Data Science Immersive Courses to Help Professionals Upskill

Apr 14, 2021 |

NEW YORK, April 14, 2021 — Metis, a leading provider of data science and analytics skills training for individuals and businesses, is launching a new Online Flex format of its bootcamps and short immersive courses. Read more…

KDD 2021 Data Science Conference Will Convene Aug. 14-18

Apr 14, 2021 |

SINGAPORE, April 14, 2021 — The Association for Computing Machinery (ACM) Special Interest Group on Knowledge Discovery and Data Mining (SIGKDD) today announced KDD 2021, the group’s flagship conference, will take place virtually Aug. Read more…

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