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Rockset announces $40M Series B as data analytics solution gains momentum

TechCrunch

Rockset , a cloud-native analytics company, announced a $40 million Series B investment today led by Sequoia with help from Greylock, the same two firms that financed its Series A. “Rockset, with its innovative new approach to indexing data, has quickly emerged as a true leader for real-time analytics in the cloud.

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Build generative AI applications quickly with Amazon Bedrock IDE in Amazon SageMaker Unified Studio

AWS Machine Learning - AI

In this post, we’ll show how anyone in your company can use Amazon Bedrock IDE to quickly create a generative AI chat agent application that analyzes sales performance data. SageMaker Unified Studio setup SageMaker Unified Studio is a browser-based web application where you can use all your data and tools for analytics and AI.

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Octopai Acquisition Enhances Metadata Management to Trust Data Across Entire Data Estate

Cloudera

Cloudera, together with Octopai, will make it easier for organizations to better understand, access, and leverage all their data in their entire data estate – including data outside of Cloudera – to power the most robust data, analytics and AI applications.

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Twinco Capital scores €3M for its supply chain finance solution

TechCrunch

Founded in 2016 by Sandra Nolasco and Carmen Marin Romano, Twinco Capital offers a supply chain finance solution that includes purchase order funding. In short, using advanced data analytics we can better assess, price and significantly mitigate risk.

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Databricks crossed $350M run rate in Q3, up from $200M one year ago

TechCrunch

Namely Databricks , a data analytics company that was most recently valued at around $6.2 To better dig into the company’s performance, I got on the phone with its CEO, Ali Ghodsi , hoping to better understand how Databricks has managed to grow as much as it has in recent years. The Exchange explores startups, markets and money.

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FinOps is the discipline enterprises need to optimize cloud spending

CIO

“The cloud makes it easy to build and grow solutions, but costs can quickly spiral out of control,” says Jay Upchurch, Executive Vice President and CIO with leading AI and analytics software company, SAS. With more efficient analytics, organizations can achieve better results in less time, gaining better value from their cloud investments.

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Observability startup Better Stack lands $18.6M in new cash

TechCrunch

At best, observability tools can flag when apps are performing under par and help identify the root causes of issues. ” Better Stack’s product is built on top of ClickHouse, a Yandex-developed database management system that lets users generate real-time analytics reports via SQL queries. But rarely is it this simple.