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Data observability startup Observe secures $70M

TechCrunch

A survey from Enterprise Strategy Group commissioned by Yotascale — which isn’t an impartial vendor, granted (if there is such a thing) — found that 84% of companies in 2022 considered tracking cloud cost allocation alone to be burdensome and time-consuming. billion in 2024. billion in worth in 2020 to $19.38

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Synthesis AI raises $17M to generate synthetic data for computer vision

TechCrunch

Unsurprisingly, Gartner predicts that 60% of the data used for the de­vel­op­ment of AI and an­a­lyt­ics projects will be synthetic by 2024. One survey called the use of synthetic data “one of the most promising general techniques on the rise in [AI].” ” But synthetic data has limitations.

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