Weekly DaaS Roundup for October 17

DaaS Never Sleeps

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World of DaaS
October 17, 2024

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NEWS, READS AND MORE

We need to learn from the faults of GDPR and craft a federal framework based on collaborative public-private partnerships, redefining data relationships as fiduciary, and focusing on risk mitigation rather than blanket restrictions.

While the case is currently focusing on KKR and their alleged failures to disclose deals and overlapping board seats, the fallout could be more restrictive regulation for all future M&A deals.

🎧The WordPress vs WP Engine Drama🎧 World of DaaS

Auren got a last minute chance to sit down with Automattic CEO Matt Mullenweg to hear his side of the ongoing conflict.

Amazon is offering a 40% cost reduction for AI compute power. The strategy worked for household batteries, so why not AI Chips.

Poor data is an issue everywhere, nowhere can that have more tangible impacts than healthcare. Where there is problem, there is opportunity.

🎧THE LATEST WOD PODCAST 🎧

Ramp is one of the fastest growing startups in history, reaching $100M ARR in just three years. Auren sat down with CEO Eric Glyman to discuss corp spending, leveraging pricing intelligence data, money ball hiring and more.

We did it! The data army is now 40k+ strong on YouTube!

M&A AND FUNDING

Lightmatter raises $400M round to make data centers more efficient

Photonic computing startup Lightmatter has raised $400 million to conitnue building out a layer that allows hundreds of GPUs to work synchronously.

Galileo raises $45M to provide AI observability

As AI becomes more embedded, understanding spend, accuracy and establishing an ROI becomes critical.

EarthDaily Analytics Announces Acquisition of Descartes Labs

The acquisition of Descartes Labs strengthens EarthDaily’s core geospatial AI capabilities.

OroraTech raises 25 million euros for satellite wildfire detection system

With wildfires becoming more common and intense, this becomes key especially in sparlsey populated areas.

Opacity Network raises $12 million seed round for ZK-based data verification platform

With increased data compatibility, expect zero knowledge verification to become more commonplace.

ANNOUNCEMENT

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RANDOM ART(TIFICIAL HALLUCINATION) OF THE WEEK

Prompt: a bunch of nerds trying to rock climb

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