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Tecton raises $100M, proving that the MLOps market is still hot

TechCrunch

Machine learning can provide companies with a competitive advantage by using the data they’re collecting — for example, purchasing patterns — to generate predictions that power revenue-generating products (e.g. “It also enables companies to generate more accurate predictions.

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Predibase exits stealth with a low-code platform for building AI models

TechCrunch

Data science teams are stymied by disorganization at their companies, impacting efforts to deploy timely AI and analytics projects. In a recent survey of “data executives” at U.S.-based ” The market for synthetic data is bigger than you think.

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Henkel embraces gen AI as enabler and strategic disruptor

CIO

Like many incumbents in the consumer packaged goods (CPG) industry, Henkel was slow to embrace digital technologies, resulting in a widening disconnect between the 147-year-old company and the changing needs of its customers. Big CPG companies like Henkel can spend billions on trade promotion, so there’s a lot at stake in getting it right.

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RudderStack raises $56M for its customer data platform

TechCrunch

RudderStack , a platform that focuses on helping businesses build their customer data platforms to improve their analytics and marketing efforts, today announced that it has raised a $56 million Series B round led by Insight Partners, with previous investors Kleiner Perkins and S28 Capital also participating. Image Credits: RudderStack.

Data 204
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Databricks crossed $350M run rate in Q3, up from $200M one year ago

TechCrunch

The Exchange regularly covers companies as they approach and crest the $100 million revenue mark. Today we’re digging into a company that is a little bit bigger than that. Namely Databricks , a data analytics company that was most recently valued at around $6.2 The Exchange explores startups, markets and money.

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Heartex raises $25M for its AI-focused, open source data labeling platform

TechCrunch

Co-founder and CEO Michael Malyuk said that the new money will be put toward improving Heartex’s product and expanding the size of the company’s workforce from 28 people to 68 by the end of the year. This helps to monitor label quality and — ideally — to fix problems before they impact training data.

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AI startup Faculty wins contract to predict future requirements for the UK’s NHS

TechCrunch

Faculty , a VC-backed artificial intelligence startup, has won a tender to work with the NHS to make better predictions about its future requirements for patients, based on data drawn from how it handled the COVID-19 pandemic. In December 2019, Faculty raised a $10.5 Data across the NHS is rather an archipelago.