Cube Secures $25M to Advance Its Semantic Layer Platform

Cube, a San Francisco-based startup has raised $25 million in its latest funding round as it aims to enhance its semantic layer platform, which enables efficient data querying, transformation, and visualization.  The latest funding round was led by Databricks Ventures and joined by all the previous investors including Decibel, Bain Capital Ventures, Eniac Ventures, and…

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Sigma Secures $200M Round to Advance Its BI and Analytics Solutions

Sigma Computing, a cloud-based analytics solutions provider, has raised $200 million in Series D funding to further advance its efforts in broadening BI use within organizations by enabling users to query and analyze data without writing code.  The latest rounding of funding takes the vendor’s total funding to $581.3 million with a valuation estimated to…

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Starburst Debuts Icehouse, Its Managed Apache Iceberg Service

Today at its Data Universe event, Starburst launched Icehouse, a new managed lakehouse offering built upon the table format Apache Iceberg. Starburst says the combination of the Trino query engine and Iceberg tables will empower Icehouse customers to achieve new efficiencies in data storage and retrieve. Apache Iceberg is gaining momentum as the standard table…

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MicroStrategy Fleshes Out AI-for-BI Strategy, Bets Big On Bitcoin

MicroStrategy this week unveiled a new customizable AI bot called Auto that lets business users interact with MicroStrategy’s data analytics offerings through natural language. But investors in the publicly traded Virginia software company may be more interested in its recent investments in Bitcoin. The new Auto software is based on the MicroStrategy AI product suite…

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GoodData Unveils Major Update to Redefine the Landscape for BI Practitioners

In the realm of business intelligence (BI) and analytic platforms, artificial Intelligence (AI) has been a behind-the-scenes force for a while. However, the advent of GenAI has revolutionized the way organizations leverage data to derive insights and make informed decisions.  This advancement brings its challenges, including stringent data management and compliance requirements. To help enterprises…

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ThoughtSpot Touts ‘Data Renaissance’ with GenAI Update

Analytics tool provider ThoughtSpot today rolled out a host of new generative AI capabilities that it claims will set off a “data renaissance” among its users. The key advances that will enable this goal revolve around the way ThoughtSpot is interweaving the human element and conversational styles with new GenAI tech. Like other analytics and…

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Oracle Extends AI Across Its Stack With New GenAI Cloud Features

Organizations are struggling to find ways to deliver GenAI successfully. The key challenges to GenAI deployment include difficulty in integrating GenAI solutions with the existing tech stack and customizing the LLMs to meet the requirements of internal operations. Oracle, one of the world’s premier enterprise software and cloud solutions companies, might have just found a…

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84.51° White Paper Sounds the Alarm on Shopper Research Methods

Organizations have long relied on consumer research to identify what influences consumer behaviors and buying patterns. This allows the organizations to tailor their products, strategies, and marketing efforts to align with the preferences of the target customer base. However, what if the shopper research that is so important to organizations has a fundamental flaw?  A…

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AWS Unveils Major Bedrock Upgrade: More AI Models and Enhanced User Flexibility

As the generative AI landscape continually evolves with new use cases emerging, Amazon Web Services (AWS) is keeping pace by enhancing its Bedrock platform. This upgrade significantly broadens the range of AI models available, offering users more choices and greater flexibility for their AI-driven applications. The latest updates to Amazon Bedrock include an expanded selection…

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