Artificial Intelligence News for the Week of August 9; Updates from AtScale, BigID, Cloudian & More
Solutions Review Executive Editor Tim King curated this list of notable artificial intelligence news for the week of August 9, 2024.
Keeping tabs on all the most relevant artificial intelligence news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy artificial intelligence news items.
Artificial Intelligence News for the Week of August 9, 2024
The 375ai Launch is Official
375ai was created to meet the rising demand for actionable insights that can be gained from massive data sets at the edge. By leveraging AI, high-value physical locations, and decentralization, 375ai is poised to capitalize on the $317 billion global spending IDC forecasts will be spent on edge computing by 2026.
AtScale Sets ‘New Standard’ in Text-to-SQL Accuracy
In rigorous testing, AtScale’s integrated solution outperformed traditional methods by a wide margin. Across a diverse set of 40 business-related questions, the solution achieved a 92.5 percent accuracy rate, compared to just 20 percent for systems without the Semantic Layer. These results underscore the system’s capability to handle a wide range of query complexities with superior precision.
BigID Unveils AI Vector Database Scanning
Vector databases are essential for generative AI (genAI) as they convert unstructured content into a vectorized format, enabling Large Language Models (LLMs) to generate content. However, the AI vectorization process often retains the original data as reference material for the LLM, posing significant security and privacy risks.
Boomi Releases Strategic Playbook for AI Adoption
This comprehensive study — which includes a global survey of C-suite and senior data executives, including in-depth interviews conducted with business leaders on data and AI — sheds light on the current state of enterprise AI adoption, and offers actionable strategies for navigating the transformative landscape of artificial intelligence.
CalypsoAI Announces Multiple Product Updates
From rapid updates that address evolving threats in real time to new integrations and partnerships, these latest enhancements build on CalypsoAI’s cutting-edge platform and continue to deliver on its mission to secure GenAI across the enterprise—regardless of industry, model, or use case—by offering the best solution on the market.
Cloudian Partners with Supermicro
Key capabilities include exabyte scale, military-grade security, highest S3 API compatibility, bi-modal data access and a platform portfolio including Supermicro Petascale All-Flash storage servers and Supermicro SuperServer 90 drive bay storage servers f- in addition to other 1U, 2U and 4U high products in the Supermicro family.
Forbes Releases 2024 Cloud 100
With the tech IPO market stuck in the doldrums, familiar faces rule the top of our ninth annual list of the world’s top private cloud computing companies. But a wave of AI challengers – and standouts in fintech, security, and vertical software – are looking to close the gap.
Groq Raises Cool $640 Million in Funding
The round was led by funds and accounts managed by BlackRock Private Equity Partners with participation from both existing and new investors. The unique, vertically integrated Groq AI inference platform has generated demand from developers seeking exceptional speed.
KNIME Nabs $30 Million in Venture Capital Funding
The platform is centered on what KNIME says is an intuitive, low-code user interface that’s combined with generative AI, enabling anyone to quickly build both simple and sophisticated analyses for AI models. It provides tools for tasks such as data preparation for training AI models, including large language models.
S&P Global Partners with Accenture on AI Upskilling
The financial data company’s workers will undergo a comprehensive generative AI learning program that will roll out later this month. The goal is to accelerate workers’ ability to leverage AI solutions and bridge knowledge gaps.
Trend Micro Vision One is Powered by NVIDIA
Adopting new technology can pose challenges, and leaders in business and governments worldwide are especially concerned with reducing risk at all levels during the process. Trend recognizes the importance of deploying generative AI and is collaborating with NVIDIA to develop strategies to secure generative AI to enable long-term business transformations.
Varonis Unveils AI Data Discovery Tool
Without accurate and complete data classification, it’s impossible to prioritize risk, remediate exposures, or enforce downstream security controls. With the addition of AI classification, Varonis expands its already vast classification capabilities to provide teams with a deep arsenal to choose the right tool for the job.
WEKA Teams Up With Contextual AI
The WEKA Data Platform’s advanced AI-native architecture is purpose-built to accelerate every step of the AI pipeline, creating frictionless data pipelines that saturate GPUs with data to ensure they run more effectively so AI workloads run faster and more sustainably.
Expert Insights Section
Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community where the human conversation around AI is happening. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, predictions, and vendor-neutral software evaluation tools.
[Event] Jam Session: How to Create Hit Data Products in an AI World Feat. Bob Eve, Mike Magalsky, Promethium & Qlik
It’s our regular Jam Session! Kick back and watch or get on screen and chat with the experts. Robert Eve is bringing together 3 amazing experts for an informal and informative chat around building data products in an AI world.
NEW Episode of Insight AI with Doug Shannon: Bitcoin Buzz & AI Appetite
In this episode of Insight AI, Doug, and Doug get into the intersection of AI and digital currency. They explore the differences between open and closed AI systems, focusing on Meta’s release of Llama 3.1 and the implications for the AI industry. They then turn the conversation to digital currency and Doug Shannon’s recent visit to Bitcoin 2024 in Nashville.
Solutions Review Set to Host Informatica for the Spotlight in August: How to Build AI-Powered Data Pipelines and Put Them Into Action
With the next Solutions Spotlight event, the team at Solutions Review has partnered with Informatica, a leader in data management and integration, to provide viewers with this unique webinar. Hear from industry experts like Siddharth Mishra and Abhilash Reddy to learn how to effortlessly prepare quality data and deliver it so it’s timely and relevant for GenAI.
For consideration in future artificial intelligence news roundups, send your announcements to the editor: tking@solutionsreview.com.
Widget not in any sidebars
Tim King
Executive Editor
Tim is Solutions Review's Executive Editor and leads coverage on data management and analytics. A 2017 and 2018 Most Influential Business Journalist and 2021 "Who's Who" in Data Management, Tim is a recognized industry thought leader and changemaker. Story? Reach him via email at tking@solutionsreview dot com.
- Storage and Data Protection News for the Week of September 6; Updates from Continuity, Hitachi Vantara, Veeam & More - September 6, 2024
- Data Management News for the Week of September 6; Updates from Capgemini, Couchbase, Salesforce & More - September 6, 2024
- Artificial Intelligence News for the Week of September 6; Updates from Acuvity, HPE, Revefi & More - September 6, 2024
