Snowflake to acquire TruEra AI observability platform

Snowflake has entered into a definitive agreement to acquire TruEra, providers of an AI observability platform. Financial terms of the transaction were not disclosed.

TruEra’s technology helps evaluate the quality of inputs, outputs, and intermediate results of LLM apps. This expedites experiment evaluation for a wide variety of use cases, including question answering, summarization, retrieval-augmented generation-based applications (RAG apps), and agent-based applications. TruEra AI Observability can also help identify LLM and AI risks such as hallucination, bias, or toxicity, says Snowflake.

TruEra co-founders, president and chief scientist Anupam Datta, chief technology officer Shayak Sen, and CEO Will Uppington will be joining Snowflake as part of the acquisition.

  • Find the blog post on the TruEra acquisition by Mona Attariyan, director of Machine Learning, and Pavan Pothukuchi, director of Product with Snowflake here.
  • Find the blog post by TruEra founders Anupam Datta, Shayak Sen, and Will Uppington on the acquisition here.

[Image courtesy: TruEra]

Just in

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.