By now we know how crucial it is to have quality data for use by large language models (LLMs), but getting data ready for the models has been […]
Data lakehouse Onehouse nabs $35M to capitalize on GenAI revolution
You can barely go an hour these days without reading about generative AI. While we are still in the embryonic phase of what some have dubbed the “steam […]
Formation Bio raises $372M to boost drug development with AI
Formation Bio, a startup focused on applying AI to drug discovery with backing from OpenAI CEO Sam Altman, has raised over a quarter-billion dollars to support its ambitious […]
SewerAI uses AI to spot defects in sewer pipes
Climate change is raising the risk, rate and cost of sewage failures. Floods are becoming more common, leading to backups that frequently overwhelm wastewater treatment systems. Exacerbating the […]
Cube is building a ‘semantic layer’ for company data
A growing number of businesses are embracing data models — abstract models that organize elements of data and standardize how they relate to one another. But as the […]
Databricks acquires Tabular to build a common data lakehouse standard
Databricks, the analytics and AI giant, has acquired data management company Tabular for an undisclosed sum. (CNBC reports that Databricks payed over $1 billion.) According to Tabular co-founder […]
Cloudera acquires Verta to bring some AI chops to its data platform
Cloudera, the once high flying Hadoop startup, raised $1 billion and went public in 2018 before being acquired by private equity for $5.3 billion 2021. Today, the company […]
Spanish startups reached €100 billion in aggregated value in 2023, consolidating the country’s position as a midsize European tech ecosystem
If 11 figures is your attention threshold, you may be interested in learning that the combined enterprise value (EV) of Spanish startups surpassed €100 billion in 2023, according […]
Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B
Scale AI, a company that provides data-labeling services for training machine learning models, has raised a $1 billion Series F round from a slew of big-name institutional and […]
Weka raises $140M as the AI boom bolsters data platforms
While an increasing number of companies are investing in AI, many are struggling to get AI-powered projects into production — much less delivering meaningful ROI. The challenges are […]