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Unlocking the Transformative Potential of Cloud Economics: Navigating Challenges and Maximizing Value
In the ever-evolving landscape of technology, businesses across the U.S. are increasingly realizing the immense opportunities offered by cloud-based economic models. In fact, U.S. cloud spending is approaching a $100 bil Read more…
There Are Many Paths to the Data Lakehouse. Choose Wisely
You don’t need a crystal ball to see that the data lakehouse is the future. At some point soon, it will be the default way of interacting with data, combining scale with cost-effectiveness. Also easy to predict is t Read more…
Tabular Plows Ahead with Iceberg Data Service, $26M Round
Apache Iceberg appears to have the inside track to become the defacto standard for big data table formats at this point. And with today’s $26 million round, the company behind the open source project, Tabular, is bette Read more…
Databricks Versus Snowflake: Comparing Data Giants
Databricks and Snowflake have emerged as predominant providers of big data analytics platforms in the cloud. While there are some similarities between the two rivals, there are also important differences in their offerin Read more…
News In Brief
Oracle Introduces Integrated Vector Database for Generative AI
Vector databases have been all the buzz in the world of Generative AI. Oracle, a giant in the software and cloud computer industry, announced this week its plans to add AI vectors to Oracle Database 23c. The new set of f Read more…
ChatGPT Growth Spurs GenAI-Data Lockdowns
The rise of generative AI and ChatGPT has the potential to increase global economic output by trillions of dollars per year, according to McKinsey. But it will also put about 2.4 million out of work by 2030, according to Read more…
Databricks Nabs $500 Million, Pre-IPO Investment by Nvidia
Databricks hasn’t gone public yet--the market just hasn’t been right this year for that--but it did the next best thing today when it raised $500 million in a growth round of funding. The Series I round included inve Read more…
Teradata Gives Customers Their Own LLMs with Ask.ai
Enterprises that want to train their own custom large language model (LLM) have a new option today with the launch of Teradata’s ask.ai. The analytics vendor partnered with Microsoft to build the new offering, which en Read more…
This Just In
NEW YORK, Sept. 25, 2023 — Showcasing the fastest and smartest systems on the planet for financial services, HPC + AI Wall Street 2023 takes place tomorrow and Wednesday, featuring analysts, tech editors, and C-levels from TD Bank Group, Capital One, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Nvidia, Databricks, Ernst & Read more…
NEW YORK, Sept. 25, 2023 — Money20/20 is thrilled to announce Ali Ghodsi, the esteemed Co-Founder and CEO of Databricks, as a keynote speaker at this year’s show in Las Vegas. Read more…
MOUNTAIN VIEW, Calif., Sept. 25, 2023 — ThoughtSpot recently announced another strong year of growth and accelerating momentum after closing fiscal year 2023. ThoughtSpot’s business momentum is a testament to the fast-paced evolution of the business over the last two years, in which the company launched and scaled its SaaS offering, conceived, built, and grew a new embedded analytics product line with ThoughtSpot Everywhere, and expanded partnerships across the modern data stack. Read more…
CAMPBELL, Calif., Sept. 25, 2023 — Komprise announced the general availability of Storage Insights, the industry’s first unified, consistent view of both data usage and storage consumption across vendors and clouds without having to contend with multiple consoles and multiple storage consumption definitions. Read more…
BERKELEY, Calif., Sept. 21, 2023 — RelationalAI, the industry’s first AI coprocessor for cloud platforms and language models, recently announced that it will host “The Promise of AI and Relational Knowledge Graphs” webinar, examining how relational knowledge graphs will transform the computing landscape as we know it. Read more…