Databricks moves from lakehouse to data intelligence
Databricks has been developing the lakehouse in recent years. Now that this architecture is in place, the company is talking more about the Data Intelligence Platform. What makes Databricks' latest approach suitable for businesses?
Looking purely at the choice of the term data intelligence and w... Read more
Databricks acquires data replication tool Arcion for €94 million
Databricks has acquired Arcion for €94 million ($100 million). With this, Databricks adds data integration and replication functionality to data lakehouses.
The acquisition of Arcion is a strategic move for Databricks, which previously invested in the startup. Arcion's technology had until now... Read more
Databricks optimizes LLM deployment on Lakehouse platform
Databricks recently released a preview of GPU and LLM optimization for Model Serving. This should make deploying large AI models on the Lakehouse Platform easier, the company hopes.
The GPU and LLM optimization functionality for Model Serving has been shown in preview form. It provides automatic... Read more
IBM unveils Watsonx to bring generative AI to the enterprise
The US tech giant is jumping into the generative AI market promising to "power next generation foundation models" for businesses.
This week IBM announced the impending arrival of IBM watsonx, a new AI and data platform that will enable enterprises to scale and accelerate the impact of the most a... Read more
IBM joins the Presto Foundation through acquisition of Ahana
IBM purchase of the venture-backed SaaS for Presto startup company further builds its open-source portfolio.
Last week IBM announced that it had acquired Ahana, a startup SaaS company that offers managed and commercial versions of the Presto open-source distributed query engine. In buying Ahana,... Read more
Salesforce integrates Tableau and Genie Customer Data Cloud
Salesforce launched an integration of Tableau and Genie Customer Data Cloud. Joint customers can directly import and analyze data from Genie Customer Data Cloud in Tableau.
Salesforce Genie Customer Data Cloud was introduced in September 2022. Companies use the solution to process customer data ... Read more
‘MySQL HeatWave Lakehouse queries 17 times faster than Snowflake’
Oracle expanded MySQL HeatWave with a Lakehouse solution. The solution allows organizations to apply OLTP and OLAP directly to files in object stores. According to Oracle, query speeds are seventeen times higher than Snowflake, a competing service.
Oracle MySQL HeatWave was introduced in 2021. ... Read more
Databricks enters next phase with major Lakehouse Platform update
Databricks announced that it's expanding its Lakehouse Platform at its Data + AI Summit.
Databricks is positioning the lakehouse more and more aggressively. Whereas the company still described itself as a unified analytics provider three to four years ago, it now revolves around the lakehouse p... Read more
Databricks Lakehouse for Retail launches industry-specific analytics
Databricks launches Databricks Lakehouse for Retail. The introduction consists of new and existing analytics solutions for retail organizations, built on Databricks Lakehouse.
Databricks describes the solutions as Retail Solution Accelerators. The accelerators enable data scientists and engineer... Read more
Databricks raises $1.6 billion in funding at a $38 billion valuation
Databricks, the Data & AI company, announced a $1.6 billion round of funding to speed up innovation and adoption of the data lakehouse as the data architecture's popularity grows rapidly across data-driven organizations.
Counterpoint Global (Morgan Stanley) led the Series H funding to put Da... Read more