DataStax, the real-time AI company, is acquiring Kaskada, a machine learning (ML) company that can train behavioral ML models and deliver the instant, actionable insights that fuel artificial intelligence (AI).
According to the vendors, the addition of Kaskada to DataStax’s portfolio of cloud services—which today includes the massively scalable Astra DB database-as-a-service built on Apache Cassandra and event streaming with Astra Streaming—will give organizations a single environment to easily and cost-effectively deliver applications infused with real-time AI, using an advanced ML/AI model proven by industry leaders such as Netflix and Uber.
Both DataStax and Kaskada have a track record of contributing to open source communities. Datastax will open source the core Kaskada technology initially, and it plans to offer a new machine learning cloud service later this year.
“Businesses must operate in real time, using data to power operations and fuel instant, informed decisions and actions,” said Chet Kapoor, DataStax chairman and CEO. “DataStax has many customers already using real-time data, and with Kaskada as part of our services portfolio, we can give them the opportunity to use that data to create powerful experiences for their customers with real-time AI. It’s an exciting time for DataStax, and we have a clear new mandate: real-time AI for everyone.”
The Kaskada technology is designed to process massive amounts of event data as streams or stored in databases and its unique time-based capabilities create and update features for ML models based on sequences of events, or over time. It enables customers to adapt to rapidly evolving content and asynchronously creates features, allowing applications to use millions of predictions based on unique contexts.
“Many companies struggle to see success with their big data projects because they don’t have the luxury of large ML and data engineering organizations–the cost is large and the time to impact is long,” said Davor Bonaci, Kaskada CEO. “We’re thrilled to join forces with DataStax to enable the real-time AI stack that just works, fueled with data from Astra DB.”
DataStax has launched a new look and feel for the company as part of their evolution to becoming the real-time AI company delivering a high-scale database, advanced event streaming, and now real-time AI that helps customers build fast and scale without limits. The company logo and overall corporate identity have been refreshed with new colorways and treatments which have just rolled out, according to the vendor.
For more information about this news, visit www.datastax.com.