Five Minute Briefing - Information Management
June 25, 2024
Five Minute Briefing - Information Management: June 25, 2024. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Abstract Security, crafted by category creators who redefined the cybersecurity landscape, announced the general availability (GA) of its platform designed for the future of security operations. Already in use by customers, Abstract's platform helps security analysts and operations teams navigate the complexities of data pipelines, increase security effectiveness, and lower costs, according to the company.
JFrog, the Liquid Software company and creators of the JFrog Software Supply Chain Platform that offers DevOps and DevSecOps solutions, is announcing its recent acquisition of Qwak, the creator of the AI and MLOps platform for delivering AI apps at speed.
Substrate Labs, an AI infrastructure startup, has received $8 million in a seed round to deliver elegant APIs that enable developers to build more modular AI systems and accelerate a new era of software development. The round was led by Lightspeed Venture Partners, with participation from South Park Commons, Craft Ventures, Guillermo Rauch (Vercel), Immad Akhund (Mercury), Will Gaybrick (Stripe), and others. Led by co-founder and CEO Rob Cheung and co-founder Ben Guo, the company also announced the official launch of its API optimized for running ensembles of models.
Teradata is debuting the availability of Teradata VantageCloud Lake on Google Cloud, merging the powers of Teradata and Google Cloud—with additional new enhancements—to deliver trusted AI at scale. This announcement seamlessly integrates key Teradata components with an array of Google Cloud AI technologies and models, offering a modern data platform designed to support and scale a variety of AI types—from predictive AI to generative AI (GenAI).