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Bringing Data and ML to Value-Based Pricing

Companies across many industries historically have used a cost-based approach to setting prices for goods and services. But many are starting to explore an entirely different approach called value-based pricing. When com Read more…

Snowflake Touts Speed, Efficiency of New ‘Arctic’ LLM

Snowflake today took the wraps off Arctic, a new large language model (LLM) that is available under an Apache 2.0 license. The company says Arctic’s unique mixture-of-experts (MoE) architecture, combined with its relat Read more…

Unlocking the Power of Social Media Data to Connect with E-Commerce Customers

When “The Social Dilemma” documentary came out in 2020, consumers called for a mass exodus from social media and the end of user data capture. While opening the public’s eyes to the inner workings of social media w Read more…

Aerospike Nabs $109M to Grow Data Biz Turbocharged by AI

Aerospike is hoping to grow its business as fast as its customers are growing their data. And with today’s Series E round valued at $109 million, Aerospike has the capital to do just that, capturing more AI-linked work Read more…

GenAI Doesn’t Need Bigger LLMs. It Needs Better Data

An exorbitant amount of time and energy is being spent developing and talking about the technology that goes into large language models. While the tech is indeed impressive, businesses that are building generative AI app Read more…

News In Brief

The Top Five Data Labeling Firms According to Everest Group

The process of annotating and labeling data is critical for supervised learning tasks, such as training a large language model (LLM) and other types of machine learning models. However, the need for human cognition and i Read more…

Spectra Logic Ups the Ante in Tape Storage

Spectra Logic has been busy. Last week, the data storage company unveiled Spectra LumOS library management software and expanded its enterprise tape storage solutions with two new additions: the TFinity Plus enterpris Read more…

Starburst Debuts Icehouse, Its Managed Apache Iceberg Service

Today at its Data Universe event, Starburst launched Icehouse, a new managed lakehouse offering built upon the table format Apache Iceberg. Starburst says the combination of the Trino query engine and Iceberg tables will Read more…

ThoughtSpot Touts ‘Data Renaissance’ with GenAI Update

Analytics tool provider ThoughtSpot today rolled out a host of new generative AI capabilities that it claims will set off a “data renaissance” among its users. The key advances that will enable this goal revolve arou Read more…

AWS Cancels Serverless Postgres Service That Scales to Zero

AWS has notified customers of its Amazon Aurora Serverless v1 service that it will cease supporting the offering at the end of 2024. Replacing v1 in the Aurora Serverless range, which supports Postgres and MySQL database Read more…

This Just In

The Home Depot Extends Relationship with Google Cloud to Drive Innovation in Interconnected Retail

Apr 11, 2024 |

ATLANTA and LAS VEGAS, April 11, 2024 — Today, Google Cloud and The Home Depot announced an extension of their multi-year relationship that will help the world’s largest home improvement retailer accelerate its technology strategy and help customers complete their home improvement projects more efficiently and affordably. Read more…

MongoDB and Google Cloud Deepen Collaboration to Offer New Solutions for Retail and Manufacturing Industries

Apr 9, 2024 |

LAS VEGAS, April 9, 2024 — MongoDB, Inc. today at Google Cloud Next ’24 announced an expanded collaboration with Google Cloud to make it even easier and more cost-effective to build, scale, and deploy generative AI applications using MongoDB Atlas Vector Search and Vertex AI from Google Cloud, along with additional support for data processing with BigQuery. Read more…

Datasembly Unveils Insight Solutions to Enhance Real-Time Data for Retailers and CPG Brands

Apr 5, 2024 |

TYSONS, Va., April 5, 2024 — Datasembly, a leading provider of real-time product pricing, promotions, and assortment data for retailers and CPG brands,  announced its new Insight Solutions. Read more…

Lumana Emerges from Stealth, Unveils Its Hybrid Cloud and AI-Based Video Security System

Apr 3, 2024 |

LOS GATOS, Calif., April 3, 2024 — Lumana emerged from stealth with a next-generation video security platform that uses artificial intelligence (AI) and distributed hybrid cloud architecture, enabling organizations to unlock the full potential of their visual data. Read more…

New Relic Launches Live Archives to Eliminate Data Rehydration Problems and Streamline Log Management

Feb 28, 2024 |

SAN FRANCISCO, Feb. 28, 2024 —New Relic has announced the general availability of New Relic live archives. By storing historical logs alongside other logs and telemetry data within the New Relic Data Platform, live archives allows instant access to historical logs and eliminates the need to rehydrate, reload, re-index, or move data to multiple locations. Read more…

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