Connect with us
European Gaming Congress 2024

Blockchain Press Releases

Databricks Announces LakehouseIQ, the Natural Language Interface That Opens Data Analytics to Everyone

Published

on

databricks-announces-lakehouseiq,-the-natural-language-interface-that-opens-data-analytics-to-everyone

LakehouseIQ is a knowledge engine that uses generative AI to learn what makes an organization’s data unique and provides useful, contextual answers to natural language questions

SAN FRANCISCO, June 28, 2023 /PRNewswire/ — At the sold-out Data + AI Summit, Databricks, the Data and AI company, today announced LakehouseIQ, a knowledge engine that learns what makes an organization’s data, culture and operations unique. LakehouseIQ uses generative AI to understand jargon, data usage patterns, organizational structure, and more to answer questions within the context of a business. Anyone in an organization can interact with LakehouseIQ using natural language to search, understand, and query data. LakehouseIQ is fully integrated with Databricks Unity Catalog to help ensure that democratizing access to data adheres to internal security and governance rules.

The AI-Powered Knowledge Engine that Uniquely Understands your Business

Today, every business must be data-driven. Yet, when employees need access to internal data to help complete their tasks, it can be difficult to quickly find and analyze the data they need. Whether the CEO is trying to build quarterly sales forecasts or a marketer is attempting to analyze campaign performance, knowledge workers rely on a small team of over-worked data scientists and programmers to find and query the relevant data sets. This bottleneck prevents businesses from truly embracing data and AI. Large language models (LLMs) promised to fix this problem, but so far, the results have been disappointing. General purpose models don’t understand the unique language of every business: they cannot process jargon or internal acronyms; they are not trained on the company’s unique data sets; and they do not understand organizational charts or know which teams should have access to what information.

LakehouseIQ learns from these signals within an organization using schemas, documents, queries, popularity, lineage, notebooks, and BI dashboards to gain intelligence as it answers more queries. LakehouseIQ helps employees get immediate answers to questions without requiring that they possess the technical skill required by traditional data analysis tools. The engine understands their unique business jargon and context to more accurately interpret the intent of the question, and can even generate additional insights that could spur new questions or lines of thinking. With LakehouseIQ, every employee — not just data scientists — can unlock the full potential of internal corporate data to make better, more informed decisions and drive new innovations.

Advertisement
Stake.com

“LakehouseIQ will help democratize data access for every company to improve better decision-making and accelerate innovation. With LakehouseIQ, an employee can simply write a question and find the data they need for a project, or get answers to questions relevant to their company’s operations. It removes the roadblocks inherent in traditional data tools and doesn’t require programming skills,” said Ali Ghodsi, Co-Founder and CEO at Databricks. “Every employee knows the questions to ask to improve their day-to-day work and ultimately their business. With LakehouseIQ, they have the power to quickly and accurately discover the answers.”

Securely Democratizing Data Access

LakehouseIQ is governed by Unity Catalog, Databricks’ flagship solution for unified search and governance across data, analytics and AI. Organizations can be confident that their employees will only have access to the data they are authorized to use, so increasing data accessibility doesn’t increase risk.

“LakehouseIQ solves two of the biggest challenges that businesses face in using AI: getting employees the right data while staying compliant and keeping data private when it should be,” said Ghodsi. “It alleviates time-strapped engineers, eases the burden of data management, and empowers employees to take advantage of the AI revolution without jeopardizing the company’s proprietary information.”

Databricks continues to expand the Lakehouse Platform, recently announcing Lakehouse Apps and the general availability of Databricks Marketplace, Delta Lake 3.0, new governance capabilities, and a suite of data-centric AI tools for building and governing LLMs on the lakehouse.

Advertisement
Stake.com

Availability

The Databricks Assistant, powered by LakehouseIQ, is in preview.

To learn more about LakehouseIQ, watch the Data + AI Summit live: https://www.databricks.com/dataaisummit/watch

About Databricks
Databricks is the Data and AI company. More than 10,000 organizations worldwide — including Comcast, Condé Nast, and over 50% of the Fortune 500 — rely on the Databricks Lakehouse Platform to unify their data, analytics and AI. Databricks is headquartered in San Francisco, with offices around the globe. Founded by the original creators of Delta Lake, Apache Spark™, and MLflow, Databricks is on a mission to help data teams solve the world’s toughest problems. To learn more, follow Databricks on Twitter, LinkedIn, and Facebook.

Contact: [email protected]

Advertisement
Stake.com

Safe Harbor Statement 
This information is provided to outline Databricks’ general product direction and is for informational purposes only. Customers who purchase Databricks services should make their purchase decisions relying solely upon services, features, and functions that are currently available. Unreleased features or functionality described in forward-looking statements are subject to change at Databricks discretion and may not be delivered as planned or at all.

Logo – https://mma.prnewswire.com/media/1160675/Databricks_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/databricks-announces-lakehouseiq-the-natural-language-interface-that-opens-data-analytics-to-everyone-301865237.html

Continue Reading

Blockchain Press Releases

KuCoin Introduces Omnibus Account Structure to Enhance Liquidity for Brokerage Partners

Published

on

kucoin-introduces-omnibus-account-structure-to-enhance-liquidity-for-brokerage-partners

VICTORIA, Seychelles, July 19, 2024 /PRNewswire/ — July 23, 2024 – KuCoin, a leading cryptocurrency exchange, is pleased to announce a significant enhancement to its Broker Program, designed to cater to liquidity-seeking partners. This upgraded program enables participants to leverage KuCoin’s superior liquidity and diverse asset offerings across both Spot and Futures markets. With this enhancement, participants can now benefit from KuCoin’s top-tier liquidity, high-revenue shares, unlimited sub-accounts, and independent deposit addresses, allowing for functional flexibility and maintaining their own client management powers.

“Our new brokerage infrastructure is suitable for multiple types of institutional partners, such as crypto exchanges, execution terminals, layer 2 aggregators, OTCs, and traditional financial service providers venturing into crypto,” said Anton Starchenko, Director of Institution Business Development of KuCoin. 

“This upgrade demonstrates our commitment to providing our partners with the tools they need to succeed in the rapidly evolving crypto market.”

By joining the KuCoin brokerage service, brokers gain access to one main broker account with unlimited sub-accounts. Each sub-account features an exclusive deposit address, serving as a wallet to separate funds and trades. Additionally, each sub-account undergoes independent risk checks. These ongoing risk and compliance measures bolster KuCoin’s commitment to protecting partner interests. Broker accounts are subject to separate fee structures, while the broker receives a combined commission based on the cumulative volume across all accounts.

As a leading platform in the cryptocurrency industry, KuCoin is dedicated to providing top-notch security and reliability. The platform employs state-of-the-art security measures, including advanced encryption protocols, multi-factor authentication, and real-time monitoring systems to ensure the safety of users’ assets. KuCoin’s unwavering focus on security and innovation has solidified its reputation as a trusted and forward-thinking exchange in the global crypto market.

Advertisement
Stake.com

For more information about the KuCoin Broker Program and the new omnibus account structure, please visit KuCoin’s official website.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/ .

Contact Us to Join

Telegram: @KuCoin_Broker

Advertisement
Stake.com

Email: [email protected]

Book a Product Call here.

Logo – https://mma.prnewswire.com/media/2356857/4820578/KuCoin_Horizontal_Green_LOGO_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/kucoin-introduces-omnibus-account-structure-to-enhance-liquidity-for-brokerage-partners-302201693.html

Continue Reading

Blockchain Press Releases

Bybit Launches Block Merchant Program, Offering Up to 3,000 USDT in Rewards

Published

on

bybit-launches-block-merchant-program,-offering-up-to-3,000-usdt-in-rewards

DUBAI, UAE, July 19, 2024 /PRNewswire/ — Bybit, the world’s second-largest web3 platform by trading volume, announced the launch of its Block Merchant program, designed to empower users to maximize their earnings while buying or selling cryptocurrencies. Through this exciting initiative, Bybit aims to recognize and reward the valuable contributions of its P2P users.

By becoming a Bybit Block Merchant, users can unlock a range of exclusive benefits, including:

  • Lucrative USDT Merchant Rewards: Earn substantial rewards for buying or selling crypto.
  • Enhanced Visibility: Enjoy a prominent position on the platform with a special diamond label and higher priority than Bybit Verified Advertisers.
  • Increased Transaction Limits: Process larger transaction volumes with a single order limit raised to 200,000 USDT.
  • Priority Ad Ranking: Achieve top-tier visibility among advertisers under similar conditions.
  • Swift Appeal Resolution: Benefit from expedited customer service support for any issues.

Bybit is committed to providing its users with exceptional trading experiences and opportunities to thrive in the dynamic cryptocurrency market. The Block Merchant program reflects our commitment, offering users a chance to boost their income while contributing to the growth of the Bybit P2P ecosystem.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 33 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

Advertisement
Stake.com

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Bybit Logo

Photo – https://mma.prnewswire.com/media/2465013/Image.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/bybit-launches-block-merchant-program-offering-up-to-3-000-usdt-in-rewards-302201642.html

Continue Reading

Blockchain Press Releases

Hata obtains full approval from the Securities Commission of Malaysia Launches 30% revenue sharing model on its USD crypto exchange

Published

on

hata-obtains-full-approval-from-the-securities-commission-of-malaysia-launches-30%-revenue-sharing-model-on-its-usd-crypto-exchange
  • Hata obtains full approval from the Securities Commission of Malaysia and launched its exchange
  • Support USD onramp and offramp
  • Rolled out affiliate programme, sharing 30% of its trading fee with users who refer others to trade on its Exchange
  • Zero trading fee across major pairs and opportunity to earn crypto airdrop

KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ — Hata has officially secured full approval from the Securities Commission of Malaysia to launch its exchange. Having obtained full approval from the Labuan Financial Services Authority (a mid-shore jurisdiction in Malaysia) in June 2023, Hata is now the first and only dual-licensed exchange by both onshore and mid-shore regulators in Malaysia.

Filling the gap in Asia with USD onramp and offramp 

Hata operates a US Dollar cryptocurrency exchange, allowing users globally to deposit, trade and withdraw funds in US Dollars. Hata users can also swap US Dollars with USDT for free.

With the foreign exchange market in Asia Pacific recorded at $396 trillion annually[1], Hata aims to serve the large US Dollar foreign exchange market by providing traders and institutions a licensed platform to convert US Dollars into stablecoins to facilitate cross border payments and access cryptocurrency in the region.

“Institutions and high net worth individuals still rely heavily on US Dollars to settle cross border transactions in Asia. With institutional adoption into cryptocurrency on the rise, coupled with weakening local currencies in the region against US Dollar, we foresee users moving their monies into USD pegged stablecoins to conduct transactions.” says David Low, Chief Executive Officer of Hata.

Hata currently supports trading of more than 40 cryptocurrency pairs on its platform that are paired with USDT and US Dollar, with the goal of supporting more crypto products in the near future.

Advertisement
Stake.com

30% Revenue Share on its Exchange

Hata (www.hata.io) has introduced an affiliate program. Any users who sign up on Hata can refer their family and friends to earn a reward. Hata provides a revenue share of 30% from the trading fees it earns to the affiliates who refer their network to trade on Hata’s exchange.

“This affiliate programme is designed to let users globally capitalise on their network to earn rewards. We hope that this provides an economic opportunity for our users to earn a side income with minimal effort,” says Darien Ng, Chief Revenue Officer of Hata.

Zero trading fees and free airdrop

To further incentivise early users, Hata has also rolled out zero fees for its major crypto pairs, including USD/USDT pair.

Advertisement
Stake.com

Users who sign up from now until 31 October 2024 and trade on the exchange will be added to a waitlist. Users in the waitlist will have an opportunity to earn free airdrops in the near future.

Logo – https://mma.prnewswire.com/media/2463722/Hata_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/hata-obtains-full-approval-from-the-securities-commission-of-malaysia-launches-30-revenue-sharing-model-on-its-usd-crypto-exchange-302201439.html

Continue Reading
Advertisement
Stake.com
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE