Thursday, June 13, 2024

How Businesses Can Use Databricks' New AI Analytics Program

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Analytics software company Databricks is launching its own AI-powered graphics generator for its enterprise customers.

"Our goal is how do we help people get value out of data and AI. And one of the most important parts for folks is that they have all that data in AI, how do they visualize it?" Databricks Co-Founder and SVP of Field Engineering Arsalan Tavakoli tells Yahoo Finance's Catalysts. "The key advantage for Databricks is you have this visualization tool deeply embedded in the entire product. And then on top of that, [it's] not only visualizing data, but it has the intelligence to understand your data."

Tavakoli expands upon how the technology will enable businesses that are looking to use AI to extract more meaning from their data and increase productivity.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

As competition continues in the A I space data breaks, announcing a new A I graphics program that can compete with Microsoft and sales Force.

That business tool will allow users to ask questions about data that automatically generate things like charts and graphs based on user data.

Now, the data software provider anticipating sales growth above 60% for the first half of this year off of that news.

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