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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/05\/03\/databricks-acquires-ai-centric-data-governance-platform-okera\/<\/a><\/br> Databricks today announced<\/a> that it has acquired<\/a> Okera, a data governance platform with a focus on AI. The two companies did not disclose the purchase price. According to Crunchbase, Okera previously raised just under $30 million. Investors include Felicis, Bessemer Venture Partners, Cyber Mentor Fund, ClearSky and Emergent Ventures.<\/p>\n Data governance was already a hot topic, but the recent focus on AI has highlighted some of the shortcomings of the previous approach to it, Databricks notes in today\u2019s announcement. \u201cHistorically, data governance technologies, regardless of sophistication, rely on enforcing control at some narrow waist layer and require workloads to fit into the \u2018walled garden\u2019 at this layer,\u201d the company explains in a blog post. That approach doesn\u2019t work anymore in the age of large language models (LLMs) because the number of assets is growing too quickly (in part because so much of it is machine-generated) and because the overall AI landscape is changing so quickly, standard access controls aren\u2019t able to capture these changes quickly enough.<\/p>\n Okera then uses an AI-powered system that can automatically discover and classify personally identifiable information, tag it and apply rules to this (with a focus on the metadata), using a no-code interface.<\/p>\n As the Databricks team stressed, that\u2019s one of the reasons the company was interested in acquiring Okera, but the other is the service\u2019s isolation technology, which can enforce governance control on arbitrary workloads without any major overhead. This technology is still in private preview but was likely one of the major reasons Databricks acquired the company.<\/p>\n Databricks, which launched<\/a> its own LLM a few weeks ago, plans to integrate Okera\u2019s technology into its Unity Catalog<\/a>, its existing governance solution of data and AI assets. The company also noted that the acquisition will enable Databricks to expose additional APIs that its own data governance partners will be able to use to provide solutions to their customers.<\/p>\n With this acquisition, Databricks is also bringing Okera co-founder and CEO Nong Li<\/a> on board. Li created the Apache Parquet<\/a> data storage format and was actually briefly an engineer at Databricks between working at Cloudera and before starting Okera, where he was the founding CTO and became the CEO in February 2022.<\/p>\n \u201cAs data continues to grow in volume, velocity, and variety across different applications, CIOs, CDOs, and CEOs across the board have to balance those two often conflicting initiatives \u2013 not to mention that historically, managing access policies across multiple clouds has been painful and time-consuming,\u201d writes Li in today\u2019s announcement. \u201cMany organizations don\u2019t have enough technical talent to manage access policies at scale, especially with the explosion of LLMs. What they need is a modern, AI-centric governance solution. We could not be more excited to join the Databricks team and to bring our expertise in building secure, scalable and simple governance solutions for some of the world\u2019s most forward-thinking enterprises.\u201d<\/p>\n If you know more about this acquisition, you can contact Frederic on Signal at (860) 208-3416 or by email (frederic@techcrunch.com). You can also reach us via SecureDrop<\/a>.<\/em><\/p>\n<\/p><\/div>\n <\/br><\/br><\/br><\/p>\n
\nDatabricks acquires AI-centric data governance platform Okera<\/br>
\n2023-05-03 21:54:58<\/br><\/p>\n