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skywhopper 3 days ago

Man, they are really proud of that initial seed round funding aren’t they? Forgive me, but $22 million does not sound like enough to truly revolutionize data processing technology.

The gist seems to be that they can overcome network latency issues when dealing with huge numbers of smallish objects in S3-like storage systems that need to be fed into GPUs? Yeah, those formats and systems were not designed to feed that type of processor. You’re doing it wrong if this is your problem.

After a lot of nonsense, it sounds like they just reformat the data into something more efficient instead. But they forget about the network latency and blame CPUs for slowing things down? And what was that sidetrack about S3 permissions?

I wouldn’t jump right onto this… well, it’s not clear what this even is exactly. But you can probably wait it out.

bflesch 3 days ago | parent | next [-]

Even though Linux Foundation is only a 501(c)(6) nonprofit and not a 501(c)(3) nonprofit I wonder if all this legalese about "donation" might have very positive tax consequences for the donor.

datadrivenangel 3 days ago | parent | prev [-]

$22 million gets you a potentially commercially viable narrow featured database and some time to get enough sales to validate the VCs throwing another $50m at you to flush it out and build out the sales arm seriously.