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Skymind Global Ventures launches $800M fund and London office to back AI startups

Skymind Global Ventures launches 0M fund and London office to back AI startups Skymind Global Ventures (SGV) appeared last year in Asia/US as a vehicle for the previous founders of a YC-backed open-source AI platform to invest in companies that used the platform. Today it announces the launch of an $800 million […]

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Datameer announces $40M investment as it pivots away from Hadoop roots

Datameer announces M investment as it pivots away from Hadoop roots Datameer, the company that was born as a data prep startup on top of the open source Hadoop project, announced a $40 million investment and a big pivot away from Hadoop, while staying true to its big data roots. The investment […]

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With MapR fire sale, Hadoop’s promise has fallen on hard times

With MapR fire sale, Hadoop’s promise has fallen on hard times If you go back about a decade, Hadoop was hot and getting hotter. It was a platform for processing big data, just as big data was emerging from the domain of a few web-scale companies to one where every company was […]

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Qubole launches Quantum, its serverless database engine

Qubole launches Quantum, its serverless database engine Qubole, the data platform founded by Apache Hive creator and former head of Facebook’s Data Infrastructure team Ashish Thusoo, today announced the launch of Quantum, its first serverless offering. Qubole may not necessarily be a household name, but its customers include the likes of Autodesk, […]

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Cloudera and Hortonworks finalize their merger

Cloudera and Hortonworks finalize their merger Cloudera and Hortonworks, two of the biggest players in the Hadoop big data space, today announced that they have finalized their all-stock merger. The new company will use the Cloudera brand and will continue to trade under the CLDR symbol on the New York Stock Exchange. […]

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Cloudera and Hortonworks announce $5.2 billion merger

Cloudera and Hortonworks announce .2 billion merger Over the years, Hadoop, the once high-flying open-source platform, gave rise to many companies and an ecosystem of vendors emerged. It was long believed that some major companies would emerge from the pack, and, sure enough, Hortonworks went public in 2014. Cloudera followed three years […]

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Databricks releases serverless platform for Apache Spark along with new library supporting deep learning

Databricks releases serverless platform for Apache Spark along with new library supporting deep learning  On the stage of Spark Summit this morning, Databricks CEO Ali Ghodsi announced a Serverless Platform for Apache Spark — welcome news for developers looking to reduce time spent on cluster management. The move to simplify developer experiences is set […]

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