Snowflake delivers strong Q1, Q2 outlook
Snowflake delivered first quarter revenue growth of 26%. The company's data platform continues to see strong demand due to AI workloads.
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Databricks acquires Tabular to bridge Iceberg formats with its lakehouse
Databricks said it has acquired Tabular, a data management company founded by the original creators of Apache Iceberg. The companies said they're aiming to combine their open-source cred to build interoperable data formats.
Snowflake Q1 mixed, acquires assets to evaluate, monitor LLMs
Snowflake reported a mixed first quarter and said it will acquire technology assets and employees from TruEra, an AI observability platform that can manage evaluate large language models (LLMs).
MongoDB Q1, fiscal year outlook light, but eyes stable workload gains
MongoDB projected first quarter revenue of $436 million to $440 million with non-GAAP earnings of 34 cents a share to 39 cents a share. Wall Street was looking for revenue of $449.08 million with non-GAAP earnings of 61 cents a share.
Snowflake CEO Ramaswamy on product cycles, AI, scaling
Here's a look at what Snowflake CEO Sridhar Ramaswamy had to say on some core themes that'll matter to customers.
Box integrates Microsoft Azure Open AI Service, Box AI goes to GA
Box added a new integration with Microsoft Azure OpenAI Service in a move that will bring more large language models to Box AI, which is available to customers with Enterprise Plus plans.
For Informatica, 'Switzerland of data' approach paying off
Informatica is planning on riding digital transformation, which is still a work in progress for enterprises, a need to integrate data across vendors, clouds and on-premises and generative AI in 2024.
Hitachi Vantara Exchange New York: 10 takeaways on generative AI, transformation, data management
Commercial generative AI use cases are promising, but CXOs at the Hitachi Vantara Exchange in New York note there's a lot of work ahead--data management, privacy and training models--to scale.
Data leaders bullish on generative AI, but multiple challenges remain, says Informatica
Enterprises are racing to incorporate generative AI into business processes and 45% of chief digital officers say they already have, according to an Informatica survey.
