Data streaming company, Confluent, unveiled its Data Streaming for AI initiative aimed at accelerating the creation of real-time AI applications. The initiative focuses on supplying organizations with instant and reliable data, emphasizing the role of enriched, trustworthy data streams in developing advanced AI applications.
Confluent is expanding its partnerships with AI and vector database companies like MongoDB, Pinecone, Rockset, Weaviate, and Zilliz. The expansion is coupled with product innovations incorporating the latest AI advancements to facilitate the building of powerful, contextually enriched AI applications.
The initiative tackles the prevalent challenges in AI development, namely the availability and trustworthiness of real-time data, and issues related to data governance and scalability. By addressing these challenges, Confluent aims to eliminate roadblocks to AI innovation.
“Data streaming is foundational technology for the future of AI,” said Jay Kreps, CEO and Cofounder, Confluent. “Continuously enriched, trustworthy data streams are key to building next-gen AI applications that are accurate and have the rich, real-time context modern use cases demand. We want to make it easier for every company to build powerful AI applications and are leveraging our expansive ecosystem of partners and data streaming expertise to help achieve that.”
Confluent is increasingly collaborating with major cloud providers like Google Cloud and Microsoft Azure and is set to showcase its innovations at Current 2023, providing insights into practical applications of AI innovations.
“Although there’s significant growth in the number of companies experimenting with Generative AI, many face roadblocks from a fractured data infrastructure that lacks real-time data availability and trust,” said Stewart Bond, Vice President, Data Intelligence and Integration Software, IDC. “Data management is the most important area of investment as organizations build an intelligence architecture that delivers insights at scale, supports collective learning, and fosters a data culture. Those that get it right have seen a 4x improvement in business outcomes by removing real-time data availability and trust roadblocks through data streaming, governance, security, and integration – so it’s worth the journey.”
The company is set to introduce several innovative products. Confluent AI Assistant is designed to expedite engineering innovations by transforming natural language inputs into helpful suggestions and precise code. It will be available to Confluent Cloud customers in 2024. Additionally, AI capabilities will be integrated into Apache Flink® SQL via updates to Confluent’s new Flink service, simplifying stream processing and accelerating insights.
