In the week of May 24, 2024, the top data science and analytics news included various updates and announcements from leading companies in the field.
Aily Labs introduced a new AI-powered assistant called Aily Agent, aimed at enhancing business decision intelligence. This tool provides custom code suggestions in real-time, making it easier for users to access and utilize data stored in their data lakes.
Databricks also made significant announcements with the release of Autocomplete Assistant, Mosaic AI Vector Search, Liquid Grouping, and a new AI Background feature. These additions to their data intelligence platform aim to streamline processes for RAG and generative AI applications.
EDB launched Postgres AI, along with a new corporate identity focused on leveraging Postgres to address complex data challenges in the AI era. This platform enables customers to break down data silos and implement new AI initiatives across various cloud environments with enterprise-grade security and compliance.
IBM released Watsonx BI Assistant in preview, a tool designed to simplify business intelligence tasks by allowing users to interact with complex data systems using natural language, either through text or voice commands. This aims to empower all business users to make informed decisions.
Microsoft introduced Copilot on Fabric, which is now generally available to users. This tool automatically generates report pages based on high-level messages, identifying relevant data elements and visualizing insights. This feature streamlines the process of creating reports and highlights key insights from data.
Qlik conducted a survey highlighting the challenges organizations face in leveraging GenAI on unstructured data. The study emphasized the need for expertise in utilizing generative AI on unstructured data to drive better decision-making.
Additionally, Solutions Review announced an upcoming expert roundtable event with Databricks and ZoomInfo to discuss how businesses can address the issue of bad data and leverage data and AI for success.
In conclusion, the latest data science and analytics news showcased advancements in AI-powered assistants, new features in data intelligence platforms, and the importance of expertise in utilizing AI on unstructured data. These updates reflect the ongoing evolution and innovation in the field of data science and analytics.
Article Source
https://solutionsreview.com/business-intelligence/analytics-and-data-science-news-for-the-week-of-may-24-updates-from-databricks-ibm-microsoft-more/
