BIG TECH

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Nvidia Partners with Snowflake for LLM GPU Infrastructure

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@tiernanraytech

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27 June 2023 21h12

Nvidia teams up with Snowflake for large language model AI Snowflake is extending its Snowpark offering with GPU instances https://
zdnet.com/article/nvidia
-teams-up-with-snowflake-for-large-language-model-ai/
… $NVDA $SNOW #investing #AI #generativeAI #database

AI Content Flood, Brand Impact, Stability Departures, Redpanda Funding

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27 June 2023 21h01

Stories featured from @jjvincent (crap AI content flooding the web), the @NewsGuardRating team (brands unintentionally advertising against AI content), @rachelmetz (Stability AI departures), @ron_miller (streaming data startup Redpanda raises $100M)

ML User Acquisition: Competing Strategies Among Major Companies

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27 June 2023 20h53

Which strategy wins out in the end is still an open Q. And many companies that use one also use the other. But they are still both looking to acquire ML users with somewhat different philosophies (and DNA to go with it)

MosaicML Acquisition: $400M Valuation and VC Returns

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27 June 2023 20h49

MosaicML, from what I understand, was looking to raise at a $400M valuation earlier this year. That led into conversations w/ DB and its acquisition. It's also an enormous outcome for its investors: Lux, Maverick, Future, Playground Global, and others.

Databricks Acquires MosaicML to Lower ML Model Development Costs

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27 June 2023 20h48

Databricks, meanwhile, wants to build tools to enable companies to build machine learning models from scratch and serve them. That end-to-end is reinforced by its acquisition of MosaicML, which aimed to bring down the cost of building custom ML models from scratch for companies.

Snowflake and Databricks Intensify Rivalry with Major Moves

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27 June 2023 20h46

Snowflake and Databricks' rivalry is entering a new chapter as they both made substantial announcements this week: Snowflake with a series of product announcements, and Databricks with its $1.3 billion acquisition of MosaicML.

→ View original post on X — @nathanbenaich

Massive Investment Wave in Foundation Model Companies

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@nathanbenaich

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27 June 2023 20h41

The rate at which investors are ripping checks into money hoovering foundation model companies is making James Dyson envious.

→ View original post on X — @fogoros

Industrial Companies Under Cyberattack: Key Security Lessons

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@fogoros

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27 June 2023 20h02

Industrial, financial, and tech companies are under attack. What can we learn? https://
ow.ly/OOZj50OYmBO @TylerCohenWood @reach2ratan @Victoryabro via @fogoros #sponsored #ncc_iiot #cybersecurity #icssecurity #industrialcybersecurity #iotsecurity #cybercommunity