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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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Modular secures $100M to build tools to optimize and create AI models

TechCrunch

“Because we operate in a deeply technical space that requires highly specialized expertise, we intend to use this funding to support the growth of our team,” Lattner said in an email interview with TechCrunch. According to one survey , as of 2020, 87% of data scientists used Python on a regular basis.

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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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