Snowflake reports first earnings since IPO
Revenue more than doubled to $159.6 million from $73 million a year ago.
This week Snowflake, the San Mateo, California based Data Cloud provider, announced financial results for its third quarter of fiscal 2021, ended October 31, 2020.
Total revenue for the quarter was $159.6 million, repre...
Databricks launches SQL Analytics
Databricks (the AI and data analytics company) announced that it was launching the SQL Analytics service to make it easy for data analysts to perform standard SQL queries directly on data lakes.
With this new capability, an enterprise will now connect their BI (Business Intelligence) tools like ...
New AWS tool allows users to do data cleansing without coding
DataBrew allows data scientists and data managers to visually prepare data.
Amazon Web Service has announced the general availability of AWS Glue DataBrew, a new visual data preparation tool. DataBrew enables customers to clean and normalize data without writing code.
Since 2016, data engine...
Microsoft releases deep learning software with simple interface
Microsoft has released a program that allows users to perform deep learning on images without the need for programming knowledge.
The app consists of a simple interface that, in three steps, lets the user make the software recognize and add custom labels to images. The steps are explained in the...
Rumour: Databricks going public next year
Data-analysis company Databricks appears to be planning to make its stock market debut next year. This is according to anonymous sources.
According to the anonymous sources, that have spoken to Bloomberg, the discussions are still at an early stage. The company is said to have already spoken to ...
IBM AI model helps predict Alzheimer’s with 71 percent accuracy
Big Blue has teamed up with Pfizer to create a program that uses small language samples to make the prediction.
IBM announced last week that its researchers, working together with a team from Pfizer, had developed an AI model that could correctly predict Alzheimer's in patients with 71 percent a...
Nvidia makes supercomputing easy with new AI technology
Latest version of SuperPod makes supercomputing available to enterprises.
Nvidia opened its virtual GPU Technology Conference on Monday by announcing NVIDIA DGX A100. The company claims that this new infrastructure offering will allow customers to build a supercomputer optimized for deep learni...
Microsoft makes large deep learning models more cost efficient
Breakthroughs in scaling now allows even smaller developers to work with large deep learning models. Microsofts new DeepSpeed tool is a breaktrough in scaling AI.
Microsoft has released a new version of its open-source DeepSpeed tool that it says will enable the creation of "extremely large" d...
Data scientists think Python is the best alternative for Julia
Python is seen as the best alternative according to data scientists who use the Julia programming language for big data and analytics. If Julia did not exist, they would choose Python. Developer Julia Computing concludes this in its most recent annual study on the use, advantages and disadvantages ...
Box Shield gets a powerful new automated classification feature
Box recently rolled out a new feature that automatically classifies files and adds labels as you scan them into Box. The function is integrated with Box Shield, the popular content security product.
Through the machine learning-driven feature, organizations will be able to meet the required comp...
Cloudera explores sale after talks with potential buyers
Data management specialist Cloudera is looking at potentially selling the company after several talks with multiple potential buyers.
According to Bloomberg, the company hired a financial advisor to take a look at the various options. However, sources also stress that nothing has been decided ye...
Google is working on new version AutoML Zero
A paper by Google shows that the tech giant is working on a new version of its AutoML, with which better algorithms can be developed. The new version will be called AutoML Zero. This should make it easier to develop self-learning algorithms with Google's cloud-based development suite for artificial...