Latest news with #Hex
Techday NZ
5 days ago
- Business
- Techday NZ
Snowflake unveils AI tools for data analytics, migration
Snowflake has revealed new artificial intelligence (AI) products aimed at simplifying data analytics and accelerating migration from legacy systems for organisations across Canada and globally. The company announced its expansion of enterprise-grade AI with the introduction of Cortex AISQL and SnowConvert AI, designed to enable customers to extract insights from diverse data types while reducing operational costs and complexity. Cortex AISQL incorporates generative AI directly into database queries, allowing teams to analyse and act on multiple kinds of data—ranging from structured numbers to text, images and audio—while using the SQL syntax familiar to data professionals. The solution is intended to bring what Snowflake describes as "industry-leading performance and up to 60% cost savings when filtering or joining data." Organisations such as Hex, Sigma, and TS Imagine are among those already leveraging the capabilities of Cortex AISQL. SnowConvert AI addresses a common challenge faced by enterprises: moving data from existing warehouse and analytics platforms to modern systems. The tool uses AI automation to ease migrations from providers such as Oracle, Teradata, and Google BigQuery, reducing the need for manual re-coding and lowering the risks typically associated with large-scale data projects. "Every organization recognizes the potential of AI. But too often, harnessing AI means overcoming complex infrastructure, performance limitations, high costs, and a reliance on engineers to build custom pipelines. We're removing those barriers, whether it's enabling anyone to analyze and act on all their data with Cortex AISQL or accelerating migrations off legacy systems through SnowConvert AI. By empowering teams to move faster, work smarter, and turn data into real impact, we're reimagining analytics for the AI era," Carl Perry, Head of Analytics at Snowflake, commented on the new developments. "In capital markets, speed and precision are everything. For years, SQL has been the gold standard for transforming data — and now, with Cortex AISQL, we're extending that power to unstructured text. With AISQL, our teams can analyze documents, extract insights, and build intelligence directly in the language they already know — all without complex engineering workflows. It's a game-changer for how fast we can respond to markets and deliver value to clients, while leveraging the Snowflake architecture for high performing SQL processing," Thomas Bodenski, Chief Operating Officer of TS Imagine, said, sharing his perspective as a customer. Snowflake's Cortex AISQL harnesses generative AI—powered by models from providers such as Anthropic, Meta, Mistral, and OpenAI—to introduce advanced query functions into standard SQL. The result is that data analysts can use AI-powered functionalities within the security perimeter of the existing data cloud, without requiring specialist coding or external tools. According to Snowflake, ongoing performance optimisations have demonstrated between 30% and 70% improvements depending on the dataset, and up to 60% cost savings for certain operations. The integration enables organisations to break down traditional data silos. For example, analysts can merge structured customer data with unstructured data like chat transcripts, images, or social media content, and perform tasks including image classification, call transcript analysis and anomaly detection entirely through SQL queries. SnowConvert AI, meanwhile, is designed to make IT infrastructure upgrades more efficient, automating code conversion, report migration and data validation to streamline the transition to new platforms. By accelerating the code conversion and testing phases by two to three times, the tool is aimed at reducing the overall timeline and resource demands associated with digital transformation. Alongside these tools, Snowflake also announced updates to its platform to further support analytics on open source data formats such as Apache Iceberg tables, and launched Standard Warehouse - Generation 2, which introduces hardware and software improvements to boost analytics performance by 2.1 times over previous editions. With the introduction of these AI-powered features, Snowflake is positioning its data cloud as a central platform for enterprises seeking to modernise analytics and data handling capabilities, and to extract actionable business insights from both structured and unstructured sources.
Business Wire
06-05-2025
- Business
- Business Wire
JFrog Redefines Universal Artifact Management with Industry's Widest Native Support for Software Packages, ML Models and AI Artifacts
SUNNYVALE, Calif.--(BUSINESS WIRE)-- JFrog Ltd. (Nasdaq: FROG), the Liquid Software company and creators of the award-winning JFrog Software Supply Chain Platform, today announced a significant milestone: delivering the world's first universal artifact management solution to natively support 40 unique package types, clients and technologies. This milestone solidifies JFrog's status as the gold standard for cloud-native artifact management (powered by JFrog Artifactory), designed to enable organizations to ensure reliability, security and performance across all DevOps pipelines. This milestone solidifies JFrog's status as the gold standard for cloud-native artifact management (powered by JFrog Artifactory), designed to enable organizations to ensure reliability, security and performance across all DevOps pipelines. Share 'Fast moving organizations are bringing in new packages and versions every day. This includes an ever-growing number of new package types as we enter the world of AI-integrated applications, necessitating automated and improved processes for ensuring the robust management and security of these components brought into the software supply chain,' said Yoav Landman, Co-Founder and CTO, JFrog. 'Our continued innovation around JFrog Artifactory allows developers to seamlessly manage the world's most popular technologies, all from one secure and scalable platform, allowing organizations to accelerate their development cycles, ensure compliance, and unleash their teams' creativity to focus on solving complex challenges rather than getting bogged down in logistics." Software Proliferation is Transforming Every Industry JFrog's recent Software Supply Chain State of the Union 2025 report found that in 2024, organizations using JFrog's cloud-native SaaS solution introduced over seven million new packages into their software supply chains. Meanwhile, nearly two-thirds of technology professionals (64%) report that their organizations are using seven or more programming languages. To address this trend, in the last year, JFrog augmented its already robust native package support with nine additional new technologies and alternative clients including: Ansible, Chocolatey, Hex, Machine Learning (JFrog Proprietary), NVIDIA NIM, OCI with Podman, ORAS, WASM-to-OCI, buildkit/buildctl support, OpenTofu, PowerShell, and Yarn. Showcasing Cloud-Native Excellence for Scale, Speed, Resilience The JFrog Platform has set the bar for performance in cloud environments, successfully and rapidly handling: Petabytes of monthly data transfer. Thousands of concurrent requests per customer. Hundreds of thousands of requests per minute per customer. Thousands of projects with tens of thousands of repositories and tens of thousands of users and growing. JFrog's cloud-native architecture is designed to enable customers to scale operations seamlessly, regardless of deployment size or complexity. We believe that no other universal artifact management solution on the market can match JFrog's performance in the cloud. Easy, Complete Governance of the Software Development Lifecycle (SDLC) JFrog provides much more than a smart package management system. As the single source of truth for all software artifacts, the JFrog Platform is designed to enable organizations to govern actions taken against software throughout their SDLC. In the past year, JFrog Artifactory has added capabilities across: Release Lifecycle Management: Improves the speed and integrity of release processes with immutable signed release bundles, customizable SDLC stages, simplified release promotion, auditability and control. Evidence Collection: Streamlines proof capture of any process taken during the SDLC, managing important metadata for compliance and governance. Smart Archiving: The industry's first smart, long-term binary and software asset archiving solution helps organizations easily comply with long-term data retention regulations. Expanding Enterprise-needed Control over Cloud Locations For enterprises that require full control over their cloud locations, JFrog has advanced its repository federation capabilities, designed to enable organizations with globally distributed development to build, sync, and scale faster than ever before, thanks to optimizations such as: A 3500% increase in sync speed, enabling processing of hundreds of events per second (vs. hundreds of events per minute). Larger supported synced repository size of up to 100M artifacts (vs. >1M) 400% more federated repositories supported by a single JFrog Platform cloud location. Meanwhile, DevOps teams get unmatched reliability and resilience with advanced features such as: Delta Sync: Efficiently replays only unsynced events, reducing overhead. Auto Healing: Detects errors, queues unsynced artifacts, and auto-resumes sync upon recovery to minimize downtime and maintenance. Federation Monitoring Dashboards: Provides organizations with a real-time, visual status of federation health. With its extensive package support, cloud-native performance, and advanced enterprise features, JFrog remains the preferred choice for building multi-service applications across distributed teams and pipelines. Supporting this, the JFrog Software Supply Chain Platform was named 'Best End-to-End DevOps Platform' in the Tools and Services category of the 2024 DevOps Dozen Awards, which celebrates individuals and organizations making a significant impact in the DevOps community. For more information about JFrog Artifactory or the JFrog Software Supply Chain Platform visit Like this Story? Share this on X: @JFrog #Artifactory becomes the industry's first universal artifact management solution to natively support 40 unique package types. Learn more: #SoftwareSupplyChain #DevOps #DevSecOps #cybersecurity #MLOps About JFrog JFrog Ltd. (Nasdaq: FROG) is on a mission to power the world with liquid software. We are replacing endless software updates with a single system of record that seamlessly delivers secure applications from developer to device. The JFrog Software Supply Chain Platform helps organizations build, manage, and distribute software quickly and securely, making applications available, traceable, and tamper-proof. Its integrated security features also help identify, protect, and remediate against threats and vulnerabilities. The Platform also brings ML models in line with all other software development processes, providing a single source of truth for all software components across Engineering, MLOps, DevOps, and DevSecOps teams so they can build and release AI applications faster, with minimal risk and less cost. JFrog's hybrid, universal, multi-cloud platform is available as both self-hosted and SaaS services across major cloud service providers. Millions of users and 7K+ customers worldwide, including a majority of the Fortune 100, depend on JFrog solutions to securely embrace digital transformation. Once you leap forward, you won't go back! Learn more at and follow us on X: @jfrog.
Yahoo
01-03-2025
- Business
- Yahoo
US judge dismisses SEC fraud lawsuit against Hex crypto founder
By Nate Raymond (Reuters) - A federal judge dismissed on Friday a lawsuit by U.S. securities regulators accusing an online entrepreneur of raising more than $1 billion through unregistered cryptocurrency offerings and defrauding investors out of $12.1 million to buy luxuries including the world's largest black diamond. U.S. District Judge Carol Bagley Amon in Brooklyn cited a lack of ties between Richard Heart's alleged conduct and the United States in deciding to toss the U.S. Securities and Exchange Commission's 2023 lawsuit against Heart, a U.S. citizen residing in Finland. The SEC had alleged that Heart, also known as Richard Schueler, touted his Hex token, PulseX asset trading platform and PulseChain asset network on YouTube and other websites as pathways to "grandiose wealth." The SEC in its lawsuit said Heart knew his often "tongue-in-cheek" disclaimers that his offerings were not securities were false, including when he said that Hex was capable of 38% annual returns and "built to be the highest appreciating asset that has ever existed in the history of man." He was also accused of spending PulseChain investor funds on McLaren and Ferrari sports cars, four Rolex watches costing $3.02 million, and "The Enigma," a 555-carat black diamond costing 3.16 million British pounds (then $4.28 million) at a Sotheby's auction in February 2022, the SEC said. But Amon said the online statements at issue were directed to a global audience, not a U.S. one specifically, and that the SEC failed to allege he engaged in transactions with U.S.-based investors through his websites. To the extent the complaint alleged Heart misappropriated investor funds through deceptive transactions, those actions occurred entirely abroad, the judge wrote. "The alleged misappropriation occurred through digital wallets and crypto asset platforms, none of which were alleged to have any connection with the United States," Amon wrote. A spokesperson for Heart said in a statement the judge's ruling "in favor of a cryptocurrency founder and his projects over the SEC brings welcome relief and opportunity to all cryptocurrencies." The SEC did not respond to a request for comment. Sign in to access your portfolio
Al Arabiya
01-03-2025
- Business
- Al Arabiya
US judge dismisses SEC fraud lawsuit against Hex crypto founder
A federal judge dismissed on Friday a lawsuit by US securities regulators accusing an online entrepreneur of raising more than $1 billion through unregistered cryptocurrency offerings and defrauding investors out of $12.1 million to buy luxuries including the world's largest black diamond. US District Judge Carol Bagley Amon in Brooklyn cited a lack of ties between Richard Heart's alleged conduct and the United States in deciding to toss the US Securities and Exchange Commission's 2023 lawsuit against Heart, a US citizen residing in Finland. The SEC had alleged that Heart, also known as Richard Schueler, touted his Hex token, PulseX asset trading platform and PulseChain asset network on YouTube and other websites as pathways to 'grandiose wealth.' The SEC in its lawsuit said Heart knew his often 'tongue-in-cheek' disclaimers that his offerings were not securities were false, including when he said that Hex was capable of 38 percent annual returns and 'built to be the highest appreciating asset that has ever existed in the history of man.' He was also accused of spending PulseChain investor funds on McLaren and Ferrari sports cars, four Rolex watches costing $3.02 million, and 'The Enigma,' a 555-carat black diamond costing 3.16 million British pounds (then $4.28 million) at a Sotheby's auction in February 2022, the SEC said. But Amon said the online statements at issue were directed to a global audience, not a US one specifically, and that the SEC failed to allege he engaged in transactions with US-based investors through his websites. To the extent the complaint alleged Heart misappropriated investor funds through deceptive transactions, those actions occurred entirely abroad, the judge wrote. 'The alleged misappropriation occurred through digital wallets and crypto asset platforms, none of which were alleged to have any connection with the United States,' Amon wrote. A spokesperson for Heart said in a statement the judge's ruling 'in favor of a cryptocurrency founder and his projects over the SEC brings welcome relief and opportunity to all cryptocurrencies.'
Yahoo
01-03-2025
- Business
- Yahoo
US judge dismisses SEC fraud lawsuit against Hex crypto founder
(Reuters) - A federal judge on Friday dismissed a lawsuit by U.S. securities regulators accusing an online entrepreneur of raising more than $1 billion through unregistered cryptocurrency offerings and defrauding investors out of $12.1 million to buy luxuries including the world's largest black diamond. U.S. District Judge Carol Bagley Amon in Brooklyn cited a lack of ties between Richard Heart's alleged conduct and the United States in deciding to toss the U.S. Securities and Exchange Commission's 2023 lawsuit against Heart, a U.S. citizen residing in Finland. Representatives for the SEC and for Heart did not immediately respond to requests for comment. See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. By signing up, you agree to our Terms and Privacy Policy. The SEC had alleged that Heart, also known as Richard Schueler, touted his Hex token, PulseX asset trading platform and PulseChain asset network on YouTube and other websites as pathways to "grandiose wealth." The SEC in its lawsuit said Heart knew his often "tongue-in-cheek" disclaimers that his offerings were not securities were false, including when he said that Hex was capable of 38% annual returns and "built to be the highest appreciating asset that has ever existed in the history of man." He was also accused of spending PulseChain investor funds on McLaren and Ferrari sports cars, four Rolex watches costing $3.02 million, and "The Enigma," a 555-carat black diamond costing 3.16 million British pounds (then $4.28 million) at a Sotheby's auction in February 2022, the SEC said. But Amon said the online statements at issue were directed to a global audience, not a U.S. one specifically, and that the SEC failed to allege he engaged in transactions with U.S.-based investors through his websites. To the extent the complaint alleged Heart misappropriated investor funds through deceptive transactions, those actions occurred entirely abroad, the judge wrote. "The alleged misappropriation occurred through digital wallets and crypto asset platforms, none of which were alleged to have any connection with the United States," Amon wrote.
