Weekly DaaS Roundup for October 31

DaaS Never Sleeps

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World of DaaS
October 31, 2024

NEWS, READS AND MORE

The McKinsey team outlines what the next 5 years in data could look like. The biggest challenges will be managing unstructured data, developing new leadership and talent strategies, and addressing emerging risks associated with AI technologies.

Now that there is a set of rules for what constitutes open source in AI, expect to hear the term “open-washing” to come up more often as the likes of Meta push back. Revealing all the training data sources most likely opens up a pandora’s box of questionable sourcing practices.

Why Silicon Valley is thinking about financial data opportunities all wrong. “The incumbents' dilemma in the world of financial data isn't disruption - it's growth. In the age of AI, the value that data providers offer in finding, cleaning, organizing and distributing quality information goes up, not down. It becomes table stakes. A utility.”

Data collaboration platforms offer companies a treasure trove of high-quality, bias-free data in a privacy-compliant environment. The path to complete insight with complete privacy.

We asked our community how they are thinking about AI and its implication on their businesses. A healthy mix of optimism and concern underlies the uncertainty of it all.

🎧THE LATEST WOD PODCAST 🎧

In a fun departure from regularly scheduled programing, Auren and Sam discuss the particularities of raising kids after an exit and how to “keep it real”.

👀We’ve had over 2 Million views on YouTube! 👀

M&A AND FUNDING

Databento raises $10M in Series A+ to drive global expansion

With 3 digit revenue growth, and 7,000+ customers, the 1.5 year old company is on a tear.

Samba TV Acquires Semasio To Beef Up Its Contextual CTV Targeting

TV measurement company Samba TV announced its acquisition of audience data and contextual targeting solution Semasio.

Brightwave: AI-Based Financial Research Company Raises $15 Million (Series A)

Brightwave announced the closing of a $15 million Series A funding round, showing how AI is helping to evolve financial data.

Physical Retail Data Simbe Raises $50 Million in Series C

“Retail is a cornerstone of modern society, yet physical stores remain burdened by what we call the last great data desert—knowing precisely what's happening on store shelves”

FactSet Acquires Investor Relations CRM Provider Irwin

Aim is to equip IR professionals with a unified solution for investor engagement, research, and corporate access.

ANNOUNCEMENT

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