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Zilliz raises $43 million as investors rush to China’s open source software

TechCrunch

For years, founders and investors in China had little interest in open source software because it did not seem like the most viable business model. The three-year-old Chinese startup, which builds open source software for processing unstructured data, recently closed a Series B round of $43 million.

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Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF

TechCrunch

In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus , the popular open source vector database for similarity searches — raised $43 million to scale its business and prep the company to make a move into the U.S.

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Nvidia unveils Workbench for managing AI workloads, updates Omniverse

CIO

Nvidia has recently focused more on its support for AI applications, but it still had plenty of news from CEO Jensen Huang in a keynote address during the annual computer graphics conference, SIGGRAPH. The company is also leaning on OpenUSD to extend its collaboration with existing partners and open up Omniverse to new ones.

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History of MongoDB

The Crazy Programmer

When we talk about modern application development, one name that comes to our mind is MongoDB. MongoDB and is the open-source server product, which is used for document-oriented storage. All three of them experienced relational database scalability issues when developing web applications at their company. MongoDB History.

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John Snow Labs Announces Program for the 2023 NLP Summit, the World’s Largest Gathering on Applied Natural Language Processing

John Snow Labs

Covering important trends in the field that have real business impact, some of these include putting LLMs to work, new open-source tools for semantic search and responsible AI, and their applications in healthcare, finance, manufacturing, life science, advertising, insurance, science, and more.

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10 most in-demand generative AI skills

CIO

TensorFlow Developed by Google as an open-source machine learning framework, TensorFlow is most used to build and train machine learning models and neural networks. It also has important applications in the healthcare industry, contributing to analyzing medical imaging from MRI and CT scans. Generative AI, Hiring, IT Skills

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Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours

TechCrunch

Startups and VC Injective, a layer-1 blockchain focused on building financial applications, has launched a $150 million fund ecosystem initiative, the platform’s CEO and co-founder, Eric Chen, told Jacquelyn in her article, Injective launches $150M ecosystem fund to accelerate interoperable infra and DeFi adoption. Big Tech Inc.