Peaka Biweekly Digest #55 ?? Google Cloud Next '24 ?????? 3 New Connectors Launched
Hey there,
Google Cloud Next ’24 event in Las Vegas captured headlines last week.
Among the attendants was our CEO Mustafa, who took this as an opportunity to catch up with cutting-edge AI tech and understand how Google’s ecosystem is shaping up.
Google’s Gemini range of LLMs, Vertex AI, and Axion line of AI-capable CPU were highlights of the gathering. The event provided a glimpse into our near future and the kind of infrastructure AI startups will be running on.
Here are the headlines for this edition:
In this edition
?? What's New at Peaka:
??? From Peaka:
?? Community News:
?? What's New at Peaka
?? Three New Connectors Launched: Databricks, Firebase, and Snowflake
We have added three new and frequently asked-for connectors to our growing list of integrations this month.
Databricks’ lakehouse platform is capable of handling big data and data science projects. Peaka’s dedicated connector means users can now join their Databricks data with a wide range of SaaS tools.
Mobile app developers use Firebase as a backend infrastructure for their apps. With Peaka’s Firebase integration, they can now enjoy a unified view of disparate apps, monitor event data, and track user journeys from a single platform.
One of the more popular cloud-based data warehouses, Snowflake allows users to query their data and generate BI reports. Peaka’s new integration enables Snowflake users to access their SaaS data and create a single view of truth from their scattered data.
These three integrations will help users make better use of their data, regardless of where it resides.
Make sure you check out our 'What’s New' page to learn about all the recent connectors, features, and bug fixes we shipped. ??
领英推荐
???? From Peaka
?? Top 3 Misconceptions about Data Integration Platforms
Common misconceptions about data integration receive special attention in this blog post. Join Kelly O'Connor as she goes on some myth-busting.
?? Community News
?? Amazon to Spend $150 Billion on Data Centers in the Next 15 Years
The hunger for data and generative AI is real, and it’s reshaping the economy. The explosion in the amount of data being created and our ability to collect it, combined with the recent rise in demand for artificial intelligence applications, have put a premium on data center capacity. Tech giants such as Google, Microsoft, and Amazon have been quietly growing their data center networks to keep up with the demand for some time.
Amazon proved to be the most ambitious of the three, unveiling a plan to invest $150 billion in data centers over the next 15 years. As part of the plan, Amazon is going to expand its existing data centers in the U.S., while building new ones in places such as Mississippi, Saudi Arabia, and Malaysia.
However, the plan is not without its challenges. Finding suitable locations near tech hubs and securing the power supply needed to keep these data centers running is no small task. The electricity consumption of Amazon data centers is growing at a rate far greater than the increase in electricity supply and putting strain on the existing capacity of power suppliers. This situation is forcing Amazon decision-makers to get creative and look for land with nearby power stations, be they hydroelectric, solar, nuclear, or fossil-burning.
Europe, with its more stringent laws and higher sensitivity to possible environmental impact, poses an even greater challenge for data center investment. The vacant capacity rate at data centers is at an all-time low in Europe, and there is no easy solution to the problem as land is scarce and access to electricity is limited in the old continent. Lacking the resources of their American counterparts, European cloud operators cannot afford to build power stations or entertain creative solutions.
That’s why European policymakers welcome data center investments by American tech giants. Microsoft’s announcement that it would invest $3.5 billion in Germany over the next two years to expand its data center capacity was endorsed by German Chancellor Olaf Scholtz. If Europe is to achieve “strategic autonomy” and "digital sovereignty” as politicians like to talk about, it should start with a plan to increase its data center capacity first.
?? Hailo Lands $120 Million to Keep Battling Nvidia
The surging demand for AI-capable microchips is serving as an incentive for the proliferation of AI chip startups, and investor money keeps flowing into these projects. The last in the line of such startups is Hailo, which recently raised $120 million in an extension of its Series C funding round, bringing the total investment in the company up to more than $340 million since 2017. The funding round was led by Israeli businessman Alfred Akirov, automotive importer Delek Motors, and the VC platform OurCrowd.
Hailo’s chips boast lower memory usage and better power efficiency, which make them ideal for offline use cases like cars, smartphones, and personal computers. Orr Danon, the Tel Aviv-based company’s co-founder, thinks Hailo is poised to bring AI to edge devices, expanding the reach of this new technology. The company’s new offering, Hailo-10 generative AI accelerator, is a product of this vision and enables users to leverage generative AI on their PCs without relying on cloud-based systems.
Hailo will be facing intense competition from numerous other AI-chip startups and giants like Nvidia. Its success will depend on whether it can build an ecosystem around its product and convince developers to invest in learning the necessary tooling.
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- Peaka Team