Data Management News for the Week of March 8: Updates from Snowflake, Cloudera, Salesforce, and More
Solutions Review Executive Editor Tim King curated this list of notable data management news for the week of March 8, 2024.
Keeping tabs on the most relevant big data and data management news can be time-consuming. 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 big data and data management news items.
Top Data Management News for the Week of March 8, 2023
Airship AI Announces Significant Sole-Source Contract Award within the Department of Justice for Acropolis Enterprise Video and Data Management Platform
Airship AI Holdings—an AI-driven video, sensor, and data management surveillance solution provider—has been awarded a contract to an agency within the Department of Justice (DOJ) for the Company’s Acropolis Enterprise Sensor Management video and data management platform supporting emerging public safety and investigative requirements.
Cloudera Unveils Next Phase of Open Data Lakehouse Focused on Maximizing Customer Data to Unlock Enterprise AI
Cloudera, a data company for trusted enterprise AI, announced the next phase of its open data lakehouse on a private cloud that revolutionizes on-premises data experiences for trusted analytics and AI at scale. With its latest enhancements, Cloudera has become one of the only providers to offer an open data lakehouse with Apache Iceberg for public and private clouds, helping customers unlock the enterprise AI potential of all their data.
DataStax and Airbyte Partner, Enable Developers to Ingest and Vectorize Data from the Largest Catalog of Data Sources to Build GenAI Applications
DataStax, a Gen AI data company, announced a new integration with Airbyte that simplifies the process of building production-ready GenAI applications with structured and unstructured data. Now, developers can use Airbyte Cloud to quickly ingest and vectorize data from hundreds of sources directly into Astra DB, the best vector database for building production-level AI applications. With the new DataStax integration, developers can ingest data from those sources and vectorize the data with the embedding model of their choice.
Introducing the Data Cloud Spring ’24 Release: Data Cloud Makes All Enterprise Data Actionable in Every Salesforce Application and Workflow.
Salesforce announced the Data Cloud Spring ’24 Release, which includes innovations that unlock trapped data to action across the AI-powered CRM. These innovations are made possible by Salesforce’s unique and differentiated approach to metadata—or data about data—that provides a common language that integrates all Salesforce applications and platform services. While many data platforms can connect and harmonize data, they often fail to connect the data back to the applications that business users need to use every day.
Metaplane Announces $13.8M Series A led by Felicis on Heels of Rapid Growth.
Metaplane, a data observability platform for data teams, recently announced its $13.8 million Series A funding round led by Felicis, with participation from Khosla Ventures, Flybridge, Y Combinator, Stage 2 Capital, B37, and SNR. This comes on the heels of a successful 2023 that saw impressive revenue growth, accelerated customer acquisition, and rapid product innovation. With the close of its Series A round, Metaplane has now raised $22.2 million, including its Seed round, which was raised less than one year ago and includes leading investors like Khosla Ventures, Flybridge, and Y Combinator.
Oracle Helps Organizations Achieve the Highest Levels of Scalability and Availability and Address Data Sovereignty Requirements
Oracle announced the general availability of Oracle’s Globally Distributed Autonomous Database. Built on Oracle’s proven sharding technology, Globally Distributed Autonomous Database delivers the benefits of the Oracle Autonomous Database while also giving customers control over data distribution and data placement policies. This enables organizations to automatically distribute and store data globally in many physical locations transparently to applications. With this approach, customers can obtain the highest possible levels of scalability and availability to address data sovereignty requirements.
SingleStore Achieves the AWS Generative AI Competency
SingleStore—the data platform that allows you to transact, analyze, and contextualize data in real-time—has achieved the Amazon Web Services (AWS) Generative AI Competency in the category of Infrastructure and Data. This specialization recognizes SingleStore as an AWS Partner that helps customers and the AWS Partner Network (APN) drive the advancement of services, tools, and infrastructure that are pivotal for implementing generative AI technologies. Achieving the AWS Generative AI Competency differentiates SingleStore as an AWS Partner with demonstrated technical proficiency and proven customer success, supporting pain points and boosting customer experience.
Snowflake Partners With Mistral AI to Bring Industry-leading Language Models to Enterprises Through Snowflake Cortex
Snowflake, the Data Cloud company, and Mistral AI, a leading provider of AI solutions, announced a global partnership to bring Mistral AI’s most powerful language models directly to Snowflake customers in the Data Cloud. Through this multi-year partnership, which includes a parallel investment in Mistral’s Series A from Snowflake Ventures, Mistral AI and Snowflake will deliver the capabilities enterprises need to seamlessly tap into the power of large language models (LLMs) while maintaining security.
Solix brings AI Assistants to Enterprise Data Management
Solix, an enterprise information archiving survivor, works on privately trained AI assistants to help customers converse with their active and archived enterprise app data. The company was founded 22 years ago by CEO Sai Gundavelli to connect with enterprise applications such as ERP, CRM, and mainframes. It is application-aware and ingests, creates, and stores metadata about their information documents in a Common Data Platform.
For consideration in future news roundups, send your announcements to the editor: tking@solutionsreview.com.