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The 'how' and 'why' of generative AI innovation

The London leg of the Databricks Data + AI World Tour took place on Wednesday. The theme? “Generation AI” ....

Generation Ai , Data Analytics , Data For Good ,

Generative AI needs tools to avoid copyright infringement, Databricks' Naveen Rao says — or more companies could meet Napster's fate

Companies testing out generative AI technology are at risk of being sued for copyright infringement. Rao is working on tools to prevent this. ....

Naveen Rao , Georgerr Martin , Jodi Picoult , Enerative Ai , Copyright Infringement , Model Training ,

Analysis of Databricks' AI Acquisitions

According to a recent report, the Data Science Platforms market is estimated to grow at 16% CAGR to reach $378.7 billion by 2030 from $96.3 billion in 2021. Databricks, a leading data analytics solution provider, is seeing strong growth as well and is gearing up to go public soon. Databricks's Financials San Francisco-based Databricks was set up with the objective of integrating data engineering, science, and analytics on an open, unified platform to help data teams collaborate and innovate faster. Based on Apache Spark, Databricks has been designed specifically for big data processing and helps data scientists take advantage of built-in core API for languages like SQL, Java, Python, R, and Scala. Earlier coverage is available here. Its revenues grew to over $1 billion, driven by diversification into new products and AI. Its revenue grew more than 60% in 2022 and its data warehousing product is now generating more than $100 million annual recurring revenue (ARR). Its ....

Databricks Aiacquisitions , Cyber Mentor Fund , Data Science Platforms , Francisco Based Databricks , Apache Spark , San Francisco Based , Playground Global , Bessemer Venture Partners , Counterpoint Global , Technology Stocks ,

Cleanlab Raises $25 Million To Help Solve AI Models' Data Mess

Startup Cleanlab, based on a popular open-source project for fixing data problems in AI models, counts Databricks as an investor in its $25 million Series A round. ....

United States , Anish Athalye , Jonas Mueller , Matt Murphy , Isaac Chuang , Schuster Tanger , Curtis Northcutt , Yann Lecun Facebook , Donald Trump , Berkeley Research Group , Curious George , Cleanlab Studio , San Francisco , Forbe Cloud , Yann Lecun , Google Home , Bain Capital Ventures , Hugging Face , Ai Hallucination , Ai Data Problem , Ai Labeling ,

Databricks' Valuation Skyrockets To $43 Billion: Tech's New Powerhouse Backed By Nvidia And Capital One

With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds. As one of the most promising unicorns backed by chipmaker Nvidia Corp., the company raised over $500 million in capital last month, bringing its valuation to $43 billion. The wobbly tech markets failed to deter the data analytics firm, as Databricks has been cashing in on the rising popularity of artificial intelligence ....

Ali Ghodsi , Databricks Lakehouse , Databrick Lakehouse , Mike Scarpelli , Jensen Huang , Nvidia Corp , Partnership With Nvidia , Databricks Inc , Databricks Co , Capital One , Kevino Leary Backed , Jeff Bezos Backed , Benzinga Pro , Data Analytics , Venture Capitalists , Capital One ,