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Snowflake acquires data management company Datavolo

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The Snowflake Inc logo, which represents the American cloud computing-based data company that offers cloud-based storage and analytics services, is being displayed on their pavilion at the Mobile World Congress 2024 in Barcelona, Spain, on February 28, 2024.

Cloud giant Snowflake has agreed to take over Datavoloa company managing the data pipeline, for an undisclosed amount.

Snowflake announced the deal on Wednesday after the market bell closed, while reporting its third-quarter 2025 earnings. The purchase has not yet closed and is subject to customary closing conditions, Snowflake noted wa release.

Joseph Witt and Luke Roquet, who met while working together at Hortonworks, founded Datavolo in 2023. Witt was previously a vp at Cloudera, and Roquet was Cloudera’s chief marketing officer and, before that, director of business development at AWS.

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Datavolo uses Apache NiFi, an open source data processing project developed by the NSA, to power a platform to automate data flow between disparate enterprise data sources. Data “processors” extract, cleanse, transform and enrich data, including for generative use of artificial intelligence.

With Datavolo having raised $21 million in enterprise capital from investors including Citi Ventures and General Catalyst prior to the acquisition, Snowflake CEO Sridhar Ramaswamy envisions creating more comprehensive data pipelines for Snowflake customers. For example, he says Datavolo can enable users to interchange single-use data connectors with flexible pipelines that allow them to maneuver data from cloud and on-premises sources to Snowflake’s data cloud.

“By bringing Datavolo to Snowflake, we are increasing the amount of data captured by Snowflake over the lifecycle, providing our customers with both simplicity and cost savings, without sacrificing data extensibility,” Ramaswamy said in a press release. “We are thrilled to have the Datavolo team join Snowflake as we accelerate the best platform for enterprise data – unstructured and structured, batch and streaming – and committed to the success of the open source community.”

Witt says Snowflake will support and help manage the Apache NiFi project after the acquisition closes. “Data engineering at scale can be extremely expensive and complex, and our goal has always been to simplify our customers’ experiences so they can realize value faster,” he added within the press release. “By joining forces with Snowflake, we can deliver the massive scale and radical simplicity of the Snowflake platform to our customers, ultimately unlocking data engineering for more users.”

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Thanks partly to artificial intelligence, demand for data management technologies has increased. Fortune’s business insights estimates that the worldwide enterprise data management market could possibly be price $224.87 billion by 2032.

However, data management has been a challenge for enterprises long before the substitute intelligence boom. According to in a 2022 survey by Great Hopetions, a data quality platform, 91% of organizations said data quality issues impact their performance.

Against this backdrop, it isn’t surprising that firms like Datavolo are gaining prominence.

Today was a giant day for Snowflake who reported better-than-expected earnings sent the company’s shares up 19%. In addition to the acquisition of Snowflake, the company announced a multi-year partnership with Anthropic to integrate the startup’s AI models into Snowflake’s Cortex AI, Snowflake Intelligence and Cortex Analyst products.

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This article was originally published on : techcrunch.com

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Trump to sign a criminalizing account of porn revenge and clear deep cabinets

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President Donald Trump is predicted to sign the act on Take It Down, a bilateral law that introduces more severe punishments for distributing clear images, including deep wardrobes and pornography of revenge.

The Act criminalizes the publication of such photos, regardless of whether or not they are authentic or generated AI. Whoever publishes photos or videos can face penalty, including a advantageous, deprivation of liberty and restitution.

According to the brand new law, media firms and web platforms must remove such materials inside 48 hours of termination of the victim. Platforms must also take steps to remove the duplicate content.

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Many states have already banned clear sexual desems and pornography of revenge, but for the primary time federal regulatory authorities will enter to impose restrictions on web firms.

The first lady Melania Trump lobbyed for the law, which was sponsored by the senators Ted Cruz (R-TEXAS) and Amy Klobuchar (d-minn.). Cruz said he inspired him to act after hearing that Snapchat for nearly a 12 months refused to remove a deep displacement of a 14-year-old girl.

Proponents of freedom of speech and a group of digital rights aroused concerns, saying that the law is Too wide And it will probably lead to censorship of legal photos, similar to legal pornography, in addition to government critics.

(Tagstransate) AI

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Microsoft Nadella sata chooses chatbots on the podcasts

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Satya Nadella at Microsoft Ignite 2023

While the general director of Microsoft, Satya Nadella, says that he likes podcasts, perhaps he didn’t take heed to them anymore.

That the treat is approaching at the end longer profile Bloomberg NadellaFocusing on the strategy of artificial intelligence Microsoft and its complicated relations with Opeli. To illustrate how much she uses Copilot’s AI assistant in her day by day life, Nadella said that as a substitute of listening to podcasts, she now sends transcription to Copilot, after which talks to Copilot with the content when driving to the office.

In addition, Nadella – who jokingly described her work as a “E -Mail driver” – said that it consists of a minimum of 10 custom agents developed in Copilot Studio to sum up E -Mailes and news, preparing for meetings and performing other tasks in the office.

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It seems that AI is already transforming Microsoft in a more significant way, and programmers supposedly the most difficult hit in the company’s last dismissals, shortly after Nadella stated that the 30% of the company’s code was written by AI.

(Tagstotransate) microsoft

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The planned Openai data center in Abu Dhabi would be greater than Monaco

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Sam Altman, CEO of OpenAI

Opeli is able to help in developing a surprising campus of the 5-gigawatt data center in Abu Dhabi, positioning the corporate because the fundamental tenant of anchor in what can grow to be considered one of the biggest AI infrastructure projects in the world, in accordance with the brand new Bloomberg report.

Apparently, the thing would include a tremendous 10 square miles and consumed power balancing five nuclear reactors, overshadowing the prevailing AI infrastructure announced by OpenAI or its competitors. (Opeli has not yet asked TechCrunch’s request for comment, but in order to be larger than Monaco in retrospect.)

The ZAA project, developed in cooperation with the G42-Konglomerate with headquarters in Abu Zabi- is an element of the ambitious Stargate OpenAI project, Joint Venture announced in January, where in January could see mass data centers around the globe supplied with the event of AI.

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While the primary Stargate campus in the United States – already in Abilene in Texas – is to realize 1.2 gigawatts, this counterpart from the Middle East will be more than 4 times.

The project appears among the many wider AI between the USA and Zea, which were a few years old, and annoyed some legislators.

OpenAI reports from ZAA come from 2023 Partnership With G42, the pursuit of AI adoption in the Middle East. During the conversation earlier in Abu Dhabi, the final director of Opeli, Altman himself, praised Zea, saying: “He spoke about artificial intelligence Because it was cool before. “

As in the case of a big a part of the AI ​​world, these relationships are … complicated. Established in 2018, G42 is chaired by Szejk Tahnoon Bin Zayed Al Nahyan, the national security advisor of ZAA and the younger brother of this country. His embrace by OpenAI raised concerns at the top of 2023 amongst American officials who were afraid that G42 could enable the Chinese government access advanced American technology.

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These fears focused on “G42”Active relationships“With Blalisted entities, including Huawei and Beijing Genomics Institute, in addition to those related to people related to Chinese intelligence efforts.

After pressure from American legislators, CEO G42 told Bloomberg At the start of 2024, the corporate modified its strategy, saying: “All our Chinese investments that were previously collected. For this reason, of course, we no longer need any physical presence in China.”

Shortly afterwards, Microsoft – the fundamental shareholder of Opeli together with his own wider interests in the region – announced an investment of $ 1.5 billion in G42, and its president Brad Smith joined the board of G42.

(Tagstransate) Abu dhabi

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