Aug 9, 2024

By Tim King , Executive Editor at Solutions Review Solutions Review Executive Editor Tim King curated this list of notable artificial intelligence news for the week of August 9, 2024. Keeping tabs on all the most relevant artificial intelligence news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy artificial intelligence news items. Artificial Intelligence News for the Week of August 9, 2024 AtScale Sets ‘New Standard’ in Text-to-SQL Accuracy In rigorous testing, AtScale’s integrated solution outperformed traditional methods by a wide margin. Across a diverse set of 40 business-related questions, the solution achieved a 92.5 percent accuracy rate, compared to just 20 percent for systems without the Semantic Layer. These results underscore the system’s capability to handle a wide range of query complexities with superior precision. BigID Unveils AI Vector Database Scanning Vector databases are essential for generative AI (genAI) as they convert unstructured content into a vectorized format, enabling Large Language Models (LLMs) to generate content. However, the AI vectorization process often retains the original data as reference material for the LLM, posing significant security and privacy risks. Cloudian Partners with Supermicro Key capabilities include exabyte scale, military-grade security, highest S3 API compatibility, bi-modal data access and a platform portfolio including Supermicro Petascale All-Flash storage servers and Supermicro SuperServer 90 drive bay storage servers f- in addition to other 1U, 2U and 4U high products in the Supermicro family. KNIME Nabs $30 Million in Venture Capital Funding The platform is centered on what KNIME says is an intuitive, low-code user interface that’s combined with generative AI, enabling anyone to quickly build both simple and sophisticated analyses for AI models. It provides tools for tasks such as data preparation for training AI models, including large language models. Expert Insights Section Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community where the human conversation around AI is happening. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, predictions, and vendor-neutral software evaluation tools. NEW Episode of Insight AI with Doug Shannon: Bitcoin Buzz & AI Appetite In this episode of Insight AI, Doug, and Doug get into the intersection of AI and digital currency. They explore the differences between open and closed AI systems, focusing on Meta’s release of Llama 3.1 and the implications for the AI industry. They then turn the conversation to digital currency and Doug Shannon’s recent visit to Bitcoin 2024 in Nashville. Solutions Review Set to Host Informatica for the Spotlight in August: How to Build AI-Powered Data Pipelines and Put Them Into Action With the next Solutions Spotlight event, the team at Solutions Review has partnered with Informatica, a leader in data management and integration, to provide viewers with this unique webinar. Hear from industry experts like Siddharth Mishra and Abhilash Reddy to learn how to effortlessly prepare quality data and deliver it so it’s timely and relevant for GenAI.