Mike Wheatley – SiliconANGLE

Big-data startup UltiHash unveils advanced deduplication to boost AI storage efficiency

Mike Wheatley — Wed, 16 Oct 2024 13:00:00 +0000

Big-data startup UltiHash GmbH is looking to disrupt the artificial intelligence storage market with the launch of a “unified storage layer” that combines a new and more sophisticated deduplication algorithm with the scalability of data lakes and the querying power of data warehouses. UltiHash reckons its unified storage layer is essential to tackle some of […]

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Xscape Photonics raises $44M to accelerate development of laser-based chip interconnects

Mike Wheatley — Wed, 16 Oct 2024 01:57:51 +0000

Next-generation data center connectivity startup Xscape Photonics today revealed it has closed on a $44 million early-stage investment, bringing its total amount raised to date to $57 million. Today’s Series A round was led by IAG Capital Partners, and saw backing from Cisco Systems Inc., Nvidia Corp., Altair Engineering Inc., Fathom Fund, Kyra Ventures, LifeX […]

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AI startups Decagon and Neuron7 raise millions to transform customer service and repairs

Mike Wheatley — Wed, 16 Oct 2024 01:15:48 +0000

Artificial intelligence-powered customer service startups Decagon AI Inc. and Neuron7 Inc. both announced big funding rounds today, with the former closing on a hefty $65 million investment, and the latter raising $44 million. Decagon said its Series B funding round was led by Bain Capital Ventures and saw participation from Elad Gil, A*, Accel, Bond […]

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AWS and Databricks to deliver more affordable generative AI for joint customers

Mike Wheatley — Wed, 16 Oct 2024 00:19:53 +0000

Amazon Web Services Inc. and Databricks Inc. have signed a five-year deal to help companies cut costs when building and running their artificial intelligence applications. As part of the deal announced today, Databricks says it will use AWS’s Trainium AI chips to power its Mosaic AI service, which helps businesses to customize existing large language models […]

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Google enhances security and management for corporate-owned Android devices

Mike Wheatley — Tue, 15 Oct 2024 16:10:30 +0000

Google LLC is enhancing the security and management features of the Android operating system in order to make it more useful and secure for businesses. In a blog post today, the company unveiled a number of “Android for business” updates, delivering what it says is “enterprise-grade” security and management capabilities to every Android device. It’s […]

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Salesforce launches customized financial services cloud platform for insurers

Mike Wheatley — Tue, 15 Oct 2024 14:00:51 +0000

Salesforce Inc. said today it’s bringing artificial intelligence technology into the insurance industry vertical with a new platform called Financial Services Cloud for Insurance Brokerages, with tools for automating manual tasks such as commission processing and policy servicing. The new platform will become generally available in February 2025. It’s built atop Salesforce’s flagship customer relationship […]

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Amplitude buys Command AI to help companies integrate AI-assisted onboarding and product tours into software

Mike Wheatley — Tue, 15 Oct 2024 13:00:54 +0000

Behavioral analytics tracking company Amplitude Inc. is planning to add a dose of artificial intelligence to its platform after acquiring a startup called Command AI for an undisclosed sum. Command AI, officially named Foobar Inc., is the creator of AI-powered tools that help to streamline software experiences by making digital applications and services easier to use. […]

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Developer tooling startup Port sails away with $35M in funding

Mike Wheatley — Tue, 15 Oct 2024 13:00:53 +0000

DevOps platform startup Port IO Ltd. has closed on its biggest funding round to date, raising $35 million in an investment led by Accel. The Series B round also saw participation from Bessemer Venture Partners and existing backers such as Team8 and TLV Partners, and brings the company’s total amount raised to date to $58 […]

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DataStax merges its data stack with Nvidia’s development tools to simplify AI development and fine-tuning

Mike Wheatley — Tue, 15 Oct 2024 13:00:51 +0000

The database company DataStax Inc. is teaming up with Nvidia Corp. as it strives to become the data platform of choice for enterprises’ artificial intelligence initiatives. In an announcement today, the company said it’s integrating its AI capabilities with the Nvidia AI Enterprise platform. The company claims the new integrated tools offering, dubbed the “DataStax […]

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Bitdefender’s new AI copilot works in real time to protect consumers from online scams

Mike Wheatley — Tue, 15 Oct 2024 13:00:07 +0000

S.C. Bitdefender SRL is looking to extend its cybersecurity protections beyond traditional malware and viruses with the launch of its new Scam Copilot, which is designed to alert users to online scams and fraud. The company said Scam Copilot is being integrated into its digital life protection consumer products, which are best known for defending […]

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Generative AI code testing startup Early bags $5M to catch software bugs before they cause havoc

Mike Wheatley — Tue, 15 Oct 2024 13:00:01 +0000

Generative artificial intelligence code quality startup Early Technologies Ltd. announced the availability of its VSCode extension today after closing on $5 million in seed funding. Today’s round was led by Zeev Ventures and saw participation from Dynamic Loop Capital. The funds will help to accelerate the development of Early’s AI-powered Test AI agent, which is […]

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OutSystems integrates generative AI with low-code to accelerate and simplify app development

Mike Wheatley — Tue, 15 Oct 2024 08:00:13 +0000

Low-code application development startup OutSystems Inc. says it’s looking to transform the entire software development lifecycle with the debut of a new, generative artificial intelligence-powered “digital worker” called Mentor. Available in early access starting today, Mentor is meant to help companies with the entire process of creating new software, aiding application generation, delivery and monitoring […]

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Google to buy nuclear energy from small modular reactor startup Kairos Power

Mike Wheatley — Mon, 14 Oct 2024 23:59:49 +0000

Google LLC has signed an agreement to purchase nuclear power from the small modular reactor startup Kairos Power LLC. The deal should provide about 500 megawatts of carbon-free electricity to power Google’s data center operations in the U.S. Under the agreement announced today, Kairos will supply Google with nuclear energy from a fleet of seven small reactors […]

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AI accounting software startup Numeric raises $28M

Mike Wheatley — Fri, 11 Oct 2024 00:22:38 +0000

Financial automation software startup Numeric, officially known as Velocity Labs Inc., said today it has closed on an early-stage round of funding worth $28 million. The Series A round was led by Menlo Ventures and comes just five months after the company raised $10 million in a seed funding round. New investors IVP and Socii […]

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AMD attacks AI workloads with next-generation Instinct MI325X accelerator and networking chips

Mike Wheatley — Thu, 10 Oct 2024 18:00:38 +0000

As demand for the powerful hardware needed to support artificial intelligence workloads continues to surge, Advanced Micro Devices Inc. is stepping up its game with the launch of its most sophisticated AI accelerator yet. At a media and analyst event called “Advancing AI” in San Francisco today, the company showed off its next-generation AI chip, […]

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Hugging Face makes AI development easier than ever with Gradio 5 release

Mike Wheatley — Thu, 10 Oct 2024 00:29:45 +0000

Artificial intelligence startup Hugging Face Inc. is looking to break down barriers to AI development with the launch of Gradio 5, the latest version of its open-source tool for building machine learning applications. The latest version of Gradio is all about easing access to AI development, and includes an entirely new, AI-powered app creation tool, […]

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Google Cloud brings Gemini models to Looker to create conversational AI agents using private data

Mike Wheatley — Wed, 09 Oct 2024 08:00:17 +0000

Just a week after it updated a host of its cloud database services, Google Cloud is rolling out yet more data-focused updates, with a focus on helping companies to build artificial intelligence agents that can perform tasks on behalf of their users. Gerrit Kazmaier, Google Cloud’s general manager and vice president of data analytics, revealed various […]

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RAG data preparation startup Vectorize launches with $3.6M in seed funding

Mike Wheatley — Wed, 09 Oct 2024 00:44:44 +0000

Data integration startup Vectorize AI Inc. says its software is ready to play a critical role in the world of artificial intelligence after closing on a $3.6 million seed funding round today. The round was led by True Ventures, and was announced alongside the debut of its novel platform that’s meant to aid in retrieval-augmented […]

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Open-source BI startup Lightdash raises $11M and launches its first AI data analyst

Mike Wheatley — Tue, 08 Oct 2024 23:47:55 +0000

London-based business intelligence startup Lightdash, officially known as Telescope Technology Ltd., said today it has raised $11 million in an early-stage funding round. Today’s Series A round was led by Accel and saw participation from new investors Operator Partners and Shopify Ventures, plus existing backers that took part in the company’s seed round two years […]

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Big-data company dbt Labs’ new AI copilot to simplify data analytics lifecycles

Mike Wheatley — Tue, 08 Oct 2024 16:45:02 +0000

Big-data company dbt Labs Inc. kicked off its annual user conference Coalesce 2024 in Las Vegas this week with a host of updates to its flagship dbt Cloud product, saying they will help cement its status as a “data control plane” for enterprise analytics. The company said the new services announced at the event support users […]

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Meta debuts new generative AI tools for creating video-based ads

Mike Wheatley — Tue, 08 Oct 2024 15:00:06 +0000

Meta Platforms Inc. today said it’s rolling out a full-screen video tab on Facebook in recognition of the fact that its users spend more time watching videos than anything else on its platforms. And with that, it’s also looking to help advertisers with the launch of a range of new ad formats specifically for video-based […]

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AI startup Driver raises $8M to drive productivity gains by simplifying technical documentation

Mike Wheatley — Tue, 08 Oct 2024 12:15:27 +0000

A startup called Driver AI is looking to ease the headaches around technical documentation for new software and hardware products after closing on an $8 million seed funding round. Today’s round was led by Google LLC’s venture capital arm GV, and saw participation from Y Combinator and a host of angel investors. Driver has created […]

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Amazon suffers a defeat as judge allows FTC antitrust case to move forward

Mike Wheatley — Mon, 07 Oct 2024 23:45:50 +0000

The U.S. Federal Trade Commission has been given the green light to proceed with its landmark antitrust lawsuit against Amazon.com Inc., though the company did win a small victory after a judge threw out some of the claims against it made by states involved in the case. The order issued by Judge John H. Chun […]

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Meta advances generative AI video creation with Movie Gen

Mike Wheatley — Fri, 04 Oct 2024 13:00:57 +0000

Meta Platforms Inc.’s artificial intelligence research team has showcased a new family of generative AI models for media that can generate and edit videos from simple text prompts. Though the models are still a work in progress, the company said they will provide the foundation of new video creation features set to appear in Facebook, […]

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Google’s lightweight Gemini 1.5 Flash-8B hits general availability

Mike Wheatley — Thu, 03 Oct 2024 23:53:34 +0000

Google LLC is making a new version of its popular Gemini 1.5 Flash artificial intelligence model available that’s smaller and faster than the original. It’s called Gemini 1.5 Flash-8B, and it’s much more affordable, at half the price. Gemini 1.5 Flash is the lightweight version of Google’s Gemini family of large language models, optimized for speed […]

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Credo AI debuts its Integrations Hub for embedded responsible AI

Mike Wheatley — Thu, 03 Oct 2024 14:00:16 +0000

CredoAI Inc., the artificial intelligence governance software startup, said today it’s making its new Integrations Hub generally available. The company says it now becomes simple for enterprises to connect their AI systems and applications to Credo AI’s specialized platform that helps to automate risk and oversight management. The startup, which made headlines in late July when […]

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Poolside raises $500M to take on GitHub and others with its AI coding assistants

Mike Wheatley — Thu, 03 Oct 2024 00:05:54 +0000

Artificial intelligence coding startup Poolside Inc., a rival to GitHub Inc.’s Copilot, said today it has closed on a bumper $500 million Series B raise. Today’s funds came from Bain Capital Ventures, which led the round, and it was joined by a number of globally renowned companies. They included eBay Inc., Nvidia Corp., Citi Ventures, […]

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Google Cloud beefs up database services for generative AI workloads

Mike Wheatley — Wed, 02 Oct 2024 14:00:28 +0000

Google Cloud said today it’s updating multiple database services, including AlloyDB, Spanner and Memorystore for Valkey 7.2, with new features that should make them more suitable for generative artificial intelligence applications. To begin with, Google announced that it’s making the ScaNN vector index generally available in AlloyDB, which is the company’s fully managed PostgreSQL-compatible database […]

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AuthenticID’s new image comparison tool helps to stop fraudsters bypassing visual ID checks

Mike Wheatley — Wed, 02 Oct 2024 13:00:48 +0000

Identity verification company AuthenticID Inc. is adding a new weapon to its arsenal of fraud detection tools with the debut of Velocity Checks, designed to spot what it calls “high-frequency” attempts at fraud. Announced today, Velocity Checks relies on the analysis of biometrics and documents to detect multiple fake identities that are being used for fraudulent […]

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Kyndryl launches new consulting services for customers struggling with Copilot for Microsoft 365

Mike Wheatley — Wed, 02 Oct 2024 13:00:48 +0000

Kyndryl Holdings Inc. has taken notice of the apparent customer issues with Microsoft Corp.’s Copilot for Microsoft 365 generative artificial intelligence tool, and is now offering to remedy them. The company has just announced an array of services focused on Copilot for Microsoft 365, aiming to speed up enterprise adoption. The new services, bundled with […]

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