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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…

AI Ethics Issues Will Not Go Away

Executives are right to be concerned about the accuracy of the AI models they put into production and tamping down on hallucinating ML models. But they should be spending as much time, if not more, addressing questions o Read more…

News In Brief

TimescaleDB Is a Vector Database Now, Too

Organizations that are using TimescaleDB to store and query their time-series data may be interested to know that they can use the database to store and query vectors for GenAI applications, too. Timescale is best kno Read more…

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

HPC + AI Wall Street 2023 Uncovers the Fastest IT on the Planet for FinServ Today

Sep 25, 2023 |

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…

Databricks CEO and Co-Founder Ali Ghodsi Announced as a Keynote Speaker for Money20/20 USA

Sep 25, 2023 |

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…

ThoughtSpot Experiences Exceptional Year of Growth as Customers Realize Value from AI-Powered Analytics

Sep 25, 2023 |

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…

Komprise Introduces Storage Insights to Unify Data and Storage Management

Sep 25, 2023 |

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…

RelationalAI to Host ‘The Promise of AI and Relational Knowledge Graphs’ Webinar

Sep 21, 2023 |

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…

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