Scale AI CEO Ascends as Founder Joins Meta in $14 Billion Deal
Scale AI strategy chief Jason Droege becomes CEO as founder Alexandr Wang departs for Meta in a $14 billion deal, with Meta taking a 49% stake and Wang leading a new AI research lab.
Big Data
Zuckerberg Bets $14 Billion on Scale AI, Hires Co-Founder to Lead Meta's AI Push
Mark Zuckerberg finalizes a $14 billion deal to invest in Scale AI and hires co-founder Alexandr Wang to lead Meta's AI push, aiming to catch up with rivals like OpenAI in the AI race.
Monte Carlo Unveils 'AI-Ready' with Data and AI Observability, Partners with Databricks
Monte Carlo unveils 'AI-Ready' initiative offering data and AI observability, partnering with Databricks to provide visibility into data and AI quality on their platform, delivering an end-to-end solution for enterprises.
Unlock AI Readiness with Data Observability at Snowflake Summit 2025
Join Monte Carlo at Snowflake Summit 2025 to learn how leading data teams leverage data observability to get AI-ready, ensuring reliable, trustworthy data across the AI Data Cloud, powering AI applications with observability into unstructured data, and accelerating AI adoption through data quality management.
Microsoft Trims Workforce, Slashing 6,000 Jobs
In a strategic move to streamline operations and reduce management layers, Microsoft has announced a significant workforce reduction, slashing approximately 6,000 jobs, representing 3% of its global workforce of 228,000 employees as of June 2022.
Databricks Eyes $1 Billion Acquisition of Open-Source Database Startup Neon
Databricks, a data analytics software company, is reportedly in advanced negotiations to acquire Neon, an open-source database startup, for a staggering $1 billion, though the deal has not yet been finalized and could potentially fall through.
Alibaba's 'ZeroSearch' Cuts AI Training Costs by 88%, Reduces Big Tech Reliance
Alibaba's groundbreaking 'ZeroSearch' technique slashes AI training costs by a staggering 88% by simulating search results with language models, eliminating expensive API calls and reducing reliance on big tech platforms, potentially reshaping the economics of AI development.
Postgres 18 Unleashes Asynchronous I/O, Boosting Read Performance Up to 3X
Postgres 18 introduces asynchronous I/O (AIO) for read operations, offering potential performance gains of up to 3x, especially in cloud environments with high storage latency, through options like dedicated I/O worker processes or the Linux io_uring interface.
BreezoMeter Harnesses Google Cloud to Deliver Precise Environmental Insights Globally
BreezoMeter leverages Google Cloud's scalable and sustainable infrastructure to analyze vast environmental data, delivering precise, hyperlocal insights on air pollution, pollen, wildfires, and weather for over 100 countries, processing 1.8 TB of data and calculating 10 billion pollutant concentrations hourly.
AI Arms Race Intensifies: OpenAI's $3B Windsurf Buy, Google's Lead, Apple's Privacy Hurdle
OpenAI spent $3B on coding startup Windsurf, Google fortified its AI lead via benchmarks and talent retention, while Apple lagged due to privacy restrictions limiting training data access, intensifying the AI arms race.