AI & RoboticsNews

Dremio bets on generative AI, adds new tools to accelerate data workflows

Dremio, the open data lakehouse vendor that combines the capabilities of a data lake and warehouse on a unified layer, is going all-in on generative AI. The company today announced two new gen AI capabilities for its platform: a text-to-SQL experience for conversational querying of data, and an autonomous semantic layer to help with data cataloging and processing. >>Follow VentureBeat’s…
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AI & RoboticsNews

MIT-based AI apps startup aims to block supply chain attacks with advanced cybersecurity

The digital pandemic of increasing breaches and ransomware attacks is hitting supply chains and the manufacturers who rely on them hard this year. VentureBeat has learned that supply chain-directed ransomware attacks have set records across every manufacturing sector, with medical devices, pharma and plastics taking the most brutal hits. Attackers are demanding ransoms equal to the full amount of…
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AI & RoboticsNews

Military contractor Primer announces $69M to build AI for ‘those who support and defend our democracy’

As the wave of AI capital investment continues to surge, government contractors — including those who service military agencies — are not being left out. Case in point: Primer, an eight-year-old commercial and government-focused startup that lists among its customers the U.S. Air Force, Army, and U.S. Special Operations Command (USSOCOM, the agency in charge of overseeing all the special…
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AI & RoboticsNews

McKinsey report finds generative AI could add up to $4.4 trillion a year to the global economy

It seems like the leadership of nearly every big company is excited about generative AI these days and rushing to announce or embrace new AI tools. But what impact will their moves have on the economy? While it’s difficult to say for certain, global consulting leader McKinsey and Company — where GenAI is already in use by roughly half the workforce — has attempted to quantify the trend in a…
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