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Bringing Data and ML to Value-Based Pricing
Companies across many industries historically have used a cost-based approach to setting prices for goods and services. But many are starting to explore an entirely different approach called value-based pricing. When com Read more…
Snowflake Touts Speed, Efficiency of New ‘Arctic’ LLM
Snowflake today took the wraps off Arctic, a new large language model (LLM) that is available under an Apache 2.0 license. The company says Arctic’s unique mixture-of-experts (MoE) architecture, combined with its relat Read more…
Unlocking the Power of Social Media Data to Connect with E-Commerce Customers
When “The Social Dilemma” documentary came out in 2020, consumers called for a mass exodus from social media and the end of user data capture. While opening the public’s eyes to the inner workings of social media w Read more…
Aerospike Nabs $109M to Grow Data Biz Turbocharged by AI
Aerospike is hoping to grow its business as fast as its customers are growing their data. And with today’s Series E round valued at $109 million, Aerospike has the capital to do just that, capturing more AI-linked work Read more…
GenAI Doesn’t Need Bigger LLMs. It Needs Better Data
An exorbitant amount of time and energy is being spent developing and talking about the technology that goes into large language models. While the tech is indeed impressive, businesses that are building generative AI app Read more…
News In Brief
GenAI Hype Bubble Refuses to Pop
Intense interest in ChatGPT spurred a Gold Rush mentality around generative AI in 2023, as tech execs and business owners scrambled to cash in on the new technology. As ridiculous as the hype has gotten, it’s showing n Read more…
Databricks: We’re a Data Intelligence Platform Now
Five years ago, Databricks debuted the world’s first data lakehouse, which combined the beneficial aspects of data lakes and data warehouses. Thanks to the rise of AI, the nature of data platforms is changing, which ne Read more…
Aerospike Unifies Storage Format, Delivers DBaaS
Aerospike today announced that version 7.0 of its NoSQL database will introduce a unified storage format for data stored on SSDs drives and in memory, setting the stage for multi-record transaction support in the next re Read more…
Matillion Looks to Unlock Data for AI
The rise of generative AI has put renewed focus on the importance of data. Without data that’s high in quality and up-to-date, an AI model simply will not generate output that’s as good as a model that has data with Read more…
OpenAI Opens the GenAI Spigot Even Wider at DevDay
OpenAI unveiled a slew of new products and services at its DevDay event yesterday, including a customizable version of GPT called GPTs, an update to GPT-4 called Turbo, a new UI for ChatGPT, a “copyright shield” for Read more…
This Just In
Jul 12, 2024 |
CHICAGO, July 12, 2024 — NielsenIQ (NIQ) announced the launch of an integrated user experience for its Consumer Panel clients globally. This brings the Full View of Retail measurement and Consumer Panel data to life on a single platform, NIQ Discover. Read more…
Jul 11, 2024 |
NEW YORK, July 11, 2024 — Ernst & Young LLP (EY US) announced the release of its second Consumer Products and Retail Executive Pulse, which highlights the pressure that CPG and retail leaders are under to showcase AI proficiency, with a continued focus on technology modernization and innovation investment and identifying new levers for growth. Read more…
May 17, 2024 |
May 17, 2024 — Cohere has published a new article discussing the transformative potential of large language models (LLMs) in the retail industry. In the post, David Stewart, Robin Gainer, and Sam Barnett highlight four critical areas of the retail value chain: Read more…
Apr 11, 2024 |
ATLANTA and LAS VEGAS, April 11, 2024 — Today, Google Cloud and The Home Depot announced an extension of their multi-year relationship that will help the world’s largest home improvement retailer accelerate its technology strategy and help customers complete their home improvement projects more efficiently and affordably. Read more…
Apr 9, 2024 |
LAS VEGAS, April 9, 2024 — MongoDB, Inc. today at Google Cloud Next ’24 announced an expanded collaboration with Google Cloud to make it even easier and more cost-effective to build, scale, and deploy generative AI applications using MongoDB Atlas Vector Search and Vertex AI from Google Cloud, along with additional support for data processing with BigQuery. Read more…
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