Follow Datanami:

News in Brief

Fractal Analytics Gets Equity Boost

Jan 17, 2019 |

Equity investors will plow $200 million into Fractal Analytics, giving funders an unspecified but “significant” minority stake in the strategic analytics and AI developer as early venture investors divest their shares. Read more…

Algorithms Aim to Unclog the Skies

Jan 16, 2019 |

Researchers are churning out new algorithms initially designed to improve situational awareness in the sky while also helping pilots avoid dangerous weather and costly flight delays.

Knowing where you are on the clouds in relation to other aircraft is a fundamental flight safety requirement, and the stormy skies are not getting any less crowded. Read more…

AI to Displace 40% of World’s Jobs, Predicts ‘Oracle of AI’

Jan 16, 2019 |

Artificial intelligence will displace 40% of jobs, predicted Chinese AI expert Kai-Fu Lee, who was dubbed the “Oracle of AI” by “60 Minutes” this week. Lee also said that China is on the cusp of surpassing Silicon Valley in technological supremacy. Read more…

WANdisco Looks to Accelerate Multi-Cloud Data

Jan 16, 2019 |

As data whizzes from one cloud in one location to another, distributed computing platforms are emerging to help ensure data are consistent and readily available where and when needed.

That’s among the goals of the latest version of data fusion specialist WANdisco’s (LSE: Read more…

GridGain Expands Data Persistence for In-Memory DB

Jan 11, 2019 |

In-memory database specialist GridGain is augmenting its data storage capabilities with the addition of an automatic data persistence feature that can be used for immediate data access in the event of a cluster restart. Read more…

Cloudera Unveils CDP, Talks Up ‘Enterprise Data Cloud’

Jan 10, 2019 |

Cloudera today shed more light on its strategy to develop a unified flagship offering called Cloudera Data Platform, which is core to its emerging “enterprise data cloud” strategy. It also announced plans to maintain existing Hortonworks and Cloudera platforms into 2022 and to cross-pollinate existing products in the meantime. Read more…

Baidu Aims Edge Platform at AI Developers

Jan 9, 2019 |

Platform vendors are increasingly focusing on computing at the network edge as those devices sweep up more unstructured data. The goal is to move computing resources closer to data sources to reduce latency and bandwidth usage. Read more…

IBM’s New Global Weather Forecasting System Runs on GPUs

Jan 9, 2019 |

Anyone who has checked a forecast to decide whether or not to pack an umbrella knows that weather prediction can be a mercurial endeavor. It is a Herculean task: Read more…

GeoSpock Joins Growing List of Spatial Data Startups

Jan 8, 2019 |

UK-based spatial big data startup GeoSpock hopes to “live long and prosper” after netting an additional £10 million in venture funding.

GeoSpock, based on Cambridge, said its latest funding round (which works out to more than $12.7 million) included Japanese data technology vendor KDDI Supership as a strategic investor. Read more…

Alibaba Acquires Apache Flink Backer data Artisans

Jan 8, 2019 |

Chinese Internet giant Alibaba Group has acquired data Artisans, the German company behind the Apache Flink data processing framework. Alibaba is one of the biggest users of Flink, and plans to continue developing and Flink and contributing enhancements back to the open source project. Read more…

Do NOT follow this link or you will be banned from the site!