DATABRICKS OPENS MAJOR ENGINEERING CENTRE IN TORONTO – WHY THAT’S A BIG DEAL FOR CANADA
February 22, 2020
In today’s world where the competition is fierce for talent, it says a lot when your country is selected for opening a major engineering centre. It says, even more, when that company is a global leader in bringing the power of AI and machine learning to the enterprise.
A GROUP OF EX-NSA AND AMAZON ENGINEERS ARE BUILDING A ‘GITHUB FOR DATA’
February 21, 2020
It’s a pitch that’s already gathering attention. The startup has raised $3.5 million in seed funding to get the platform off the ground, led by Greylock Partners, and with participation from Moonshots Capital, Village Global and several angel investors.
ORACLE UNLEASHES CLOUD-BASED DATA SCIENCE PLATFORM
February 12, 2020
Oracle is really going after the cloud. Is it just me though, but isn't Oracle coming late to the game? Are there still, or will there still be "Oracle shops"? Because that is one of the reasons the could cross-sell. I used to work at Oracle, but I just don't see them anymore. In any case, here is interesting news indeed.
Element AI is a hot Canadian firm in the AI space. Element AI Orkestrator is a workload scheduling tool built as a result of the company’s need to optimize its own computing resources. A software-as-a-service (SaaS) version is available now, with an on-premises version expected for Spring 2020.
CLOUD DATA PLATFORM GIANT SNOWFLAKE RAISES $479M AT $12.4B VALUATION, PARTNERS WITH SALESFORCE
February 7, 2020
Here we go again with Snowflake! Data warehousing startup Snowflake Computing announced a $479 million funding round that gives the cloud company a whopping $12.4 billion valuation. That is a lot of money. And Salesforce also participated in this round, making future integration inevitable. No wonder that for the 3rd straight year, 100% of Snowflake customers said they would recommend Snowflake in Dresner's Analytical Infrastructure Report!
DEEPNOTE RAISES $3.8M TO BUILD A BETTER DATA SCIENCE PLATFORM
February 7, 2020
Deepnote, a startup that offers data scientists an IDE-like collaborative online experience for building their machine learning models, today announced that it has raised a $3.8 million seed round. Built around standard Jupyter notebooks, Deepnote wants to provide data scientists with a cloud-based platform that allows them to focus on their work by abstracting away all of the infrastructure.
AI ACQUISITIONS HIT RECORD NUMBERS IN 2019 AS CONSOLIDATION WAVE GROWS
February 6, 2020
Startups frequently mention competition from larger players as potential threats to the sustainability of their business in IPO documents. But in this context, acquisitions are the path of least resistance for rising AI startups heading for the exit.
On January 29, pandas celebrates its 1.0.0 release. In many ways this is just a normal release with a host of new features, performance improvements, and bug fixes, which are documented in our release notes. But it’s also something a bit more — a milestone for the project beyond just the commits. We wanted to take some time to reflect on where we've been and where we're going.
AI-powered authentication services company Trust Stamp announced it has received a strategic investment from Mastercard. Trust Stamp is known for applying advanced cryptographic techniques and AI-powered presentation-attack to provide a tokenized identity that cannot be reverse-engineered.
Great first edition of a new AI newsletter. In this newsletter: The Age of AI - New video series by Robert Downey Jr. AI News - Curated news about AI Featured Book: Competing in the Age of AI Quote - We're missing something big Career Guide: Essential Skills for AI Bias in AI - Review of 2019
Los Angeles Time - Privacy is a major concern of analytics and machine learning. Amazon acquired Ring in 2018, and the doorbell camera company has faced considerable scrutiny and criticism in recent months for privacy issues around its agreements with law enforcement agencies and around hacks and breaches that compromised Ring owners’ video feeds.
PRIVATE CAPITAL DATA ANALYTICS PLATFORM AUMNI RAISES $10 MILLION SERIES A
January 28, 2020
Salt Lake City - Investment in our space is hot at the moment. Aumni, Inc., a SaaS company developing a robotic process automation and data analytics platform for private capital investors, announced a $10 million Series A funding round led by SVB Financial Group, the parent company of Silicon Valley Bank.