APACHE

Lightning AI Announces Availability of Thunder; A Powerful Source-to-Source Compiler For PyTorch That Speeds Up Training And Serving Generative AI Models Across Multiple GPUs, Built With Support From NVIDIA

Retrieved on: 
Thursday, March 28, 2024

Thunder is the culmination of two years of research on the next generation of deep learning compilers, built with support from NVIDIA.

Key Points: 
  • Thunder is the culmination of two years of research on the next generation of deep learning compilers, built with support from NVIDIA.
  • Lightning AI leveraged support from NVIDIA for the integration of NVIDIA’s best executors into Thunder.
  • PyTorch Lightning, developed by Falcon, has become the standard for training large-scale AI models such as Stable Diffusion, with over 10,000 companies using it to build AI at scale.
  • Using this knowledge, the team at Lightning AI rethought from the ground up what AI development on the cloud should feel like.

Dremio Announces General Availability on Microsoft Azure

Retrieved on: 
Tuesday, March 26, 2024

Dremio , the unified lakehouse platform for self-service analytics, today announced the general availability of Dremio Cloud on Microsoft Azure.

Key Points: 
  • Dremio , the unified lakehouse platform for self-service analytics, today announced the general availability of Dremio Cloud on Microsoft Azure.
  • “With Dremio Cloud on Azure, we have the ability to shift from just standard reporting to leveraging a data set as a product.
  • "Dremio Cloud on Microsoft Azure is a game-changer for organizations seeking self-service analytics with flexibility in a SaaS environment.
  • We're thrilled to bring Dremio Cloud to Azure, enabling our customers to experience the future of data management,” said Tomer Shiran, founder and CPO of Dremio.

Ververica Donates Flink CDC to the Apache Software Foundation

Retrieved on: 
Wednesday, March 20, 2024

Ververica , a comprehensive streaming data platform, is proud to announce the official donation of Flink Change Data Capture (Flink CDC) to the Apache Software Foundation, making it an official sub-project of Apache Flink.

Key Points: 
  • Ververica , a comprehensive streaming data platform, is proud to announce the official donation of Flink Change Data Capture (Flink CDC) to the Apache Software Foundation, making it an official sub-project of Apache Flink.
  • Alexander Walden, CEO of Ververica, stated, "The donation of Flink CDC to the Apache Software Foundation marks a milestone in our journey towards building a more open, collaborative, and innovative data integration landscape.
  • Recognizing the potential for greater impact within the Apache ecosystem, Ververica and key community stakeholders from Alibaba, Ant, XTransfer, and Dajian Cloud Warehouse initiated discussions that culminated in the donation of Flink CDC to the Apache Foundation at the Flink Forward Asia conference in December 2023.
  • As an official sub-project of Apache Flink, Flink CDC embarks on a new chapter with enhanced focus and capabilities.

Confluent Unveils Tableflow to Unite Analytics and Operations with Data Streaming

Retrieved on: 
Tuesday, March 19, 2024

Confluent Tableflow easily transforms Apache Kafka® topics and the associated schemas to Apache Iceberg® tables with a single click to better supply data lakes and data warehouses.

Key Points: 
  • Confluent Tableflow easily transforms Apache Kafka® topics and the associated schemas to Apache Iceberg® tables with a single click to better supply data lakes and data warehouses.
  • The analytical estate includes data warehouses, data lakes, and analytics engines that power analytics and decision-making and use data streams and historical tables to run queries and different analytical functions.
  • Connectors address the challenges of traditional data architectures that can silo data, decrease data quality, and lead to unplanned downtime.
  • Schema Registry is a crucial component for governing data streams, helping teams enforce universal data standards to ensure data quality and data consistency while reducing operational complexity.

Confluent Announces General Availability of Confluent Cloud for Apache Flink®, Simplifying Stream Processing to Power Next-Gen Apps

Retrieved on: 
Tuesday, March 19, 2024

Confluent Cloud for Apache Flink® is available across Amazon Web Services (AWS), Google Cloud , and Microsoft Azure .

Key Points: 
  • Confluent Cloud for Apache Flink® is available across Amazon Web Services (AWS), Google Cloud , and Microsoft Azure .
  • “Stream processing allows organizations to transform raw streams of data into powerful insights,” said Shaun Clowes, chief product officer at Confluent.
  • Confluent Cloud for Apache Flink® is an easy way for companies to get started with these stream processing use cases.
  • These system integrators can provide on-site engineering assistance and technical support to help customers accelerate their stream processing use cases.

Zero Prime Ventures Raises Second Fund to Back Even More Engineer-Founders From Company Inception

Retrieved on: 
Wednesday, March 20, 2024

Zero Prime Ventures (previously Data Community Fund), the firm that writes the first checks for day zero engineer-founders, today announced its second fund as well as the addition of new Partner Yang Tran .

Key Points: 
  • Zero Prime Ventures (previously Data Community Fund), the firm that writes the first checks for day zero engineer-founders, today announced its second fund as well as the addition of new Partner Yang Tran .
  • View the full release here: https://www.businesswire.com/news/home/20240319152582/en/
    Partners Pete Soderling and Yang Tran of Zero Prime Ventures.
  • In fact, we're in the thick of it already,” said Pete Soderling, founder of Zero Prime and the Data Council community.
  • “He was there with us from the beginning of the company and has been instrumental to our success.”
    To learn more about Zero Prime, please visit zeroprime.vc .

PuppyGraph Launches First and Only Graph Query Engine

Retrieved on: 
Thursday, March 14, 2024

PuppyGraph , a pioneering force in graph analysis, announced today that it has emerged from stealth mode with seed funding and launched the first and only graph query engine, transforming traditional data storage into dynamic graph engines.

Key Points: 
  • PuppyGraph , a pioneering force in graph analysis, announced today that it has emerged from stealth mode with seed funding and launched the first and only graph query engine, transforming traditional data storage into dynamic graph engines.
  • This innovation simplifies data storage, obsoleting graph database complexities and streamlining AI integration for advanced analytics and Large Language Models (LLMs).
  • PuppyGraph introduces a groundbreaking approach to graph analytics, seamlessly integrating with popular data lakes and warehouses such as Apache Iceberg, Apache Hudi, Delta Lake, DuckDB, Snowflake, AWS Redshift, BigQuery, Hive, MySQL, PostgreSQL, CelerData, and more.
  • Its analytics engine leverages the Lakehouse architecture, enabling users to conduct native graph queries across their existing relational data stores without the traditional barriers of cost, latency, and maintenance overhead of a graph database.

Kinetik Announces Pricing of Secondary Offering of Common Stock

Retrieved on: 
Thursday, March 14, 2024

Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the pricing of an underwritten secondary offering of 11,373,801 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation, at a price of $33.75 per share.

Key Points: 
  • Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the pricing of an underwritten secondary offering of 11,373,801 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation, at a price of $33.75 per share.
  • Kinetik is not selling any shares of Class A common stock in the Offering and will not receive the proceeds from any sale of shares by the Selling Stockholder.
  • The Selling Stockholder has granted to the underwriters a 30-day option to purchase up to an additional 1,706,070 shares of Kinetik’s Class A common stock.
  • In connection with the Offering, the Company’s Chief Executive Officer has agreed to purchase an aggregate of 14,814 shares of Class A common stock from the underwriters at the public offering price.

Kinetik Announces Secondary Offering of Common Stock

Retrieved on: 
Wednesday, March 13, 2024

Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the commencement of an underwritten secondary offering of 11,373,801 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation.

Key Points: 
  • Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the commencement of an underwritten secondary offering of 11,373,801 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation.
  • Kinetik is not selling any shares of Class A common stock in the Offering and will not receive the proceeds from any sale of shares by the Selling Stockholder.
  • In connection with the Offering, the Selling Stockholder intends to grant to the underwriters a 30-day option to purchase up to an additional 1,706,070 shares of Kinetik’s Class A common stock.
  • In connection with the Offering, the Company’s Chief Executive Officer has provided an indication of interest in purchasing shares of Class A common stock from the underwriters at the public offering price.

WarpStream Labs Raises $20M to Modernize Data Streaming with a Cloud Native Replacement for Apache Kafka

Retrieved on: 
Thursday, March 14, 2024

WarpStream Labs, the cloud native data streaming infrastructure company, announced it raised $20M in funding led by Greylock and Amplify Partners.

Key Points: 
  • WarpStream Labs, the cloud native data streaming infrastructure company, announced it raised $20M in funding led by Greylock and Amplify Partners.
  • Data streaming is becoming increasingly important as organizations seek to leverage real time data capabilities to gain competitive advantage.
  • Yet almost all modern data streaming stacks are built on-top of Apache Kafka, which was designed in 2011 to run in static data centers.
  • But we realized that Husky only addressed part of the problem – all the data still had to flow through Apache Kafka,” said Richard Artoul, CEO and Co-Founder of WarpStream Labs.