AI is forcing the data industry to consolidate — but that’s not the whole story

While AI may be the catalyst behind the recent wave of data company M&A, the market was ripe for consolidation.

Jul 7, 2025

Data integration is a necessary part of many workflows from onboarding customer data to exercising payroll, but for many data sets the process is long and manual. Data is siloed into databases and SaaS applications that each keep the information in different formats, which makes it difficult to move information from one database to another. Lume looks to change that using AI. Lume’s system uses AI and algorithms to automate data mapping by extracting data from its database silos and “normalizi

Nov 12, 2024

As the demand for AI surges, AI vendors are devoting greater bandwidth to data security issues. Not only are they being compelled to comply with emerging data privacy regulations (e.g. the EU Data Act), but they’re finding themselves under the microscope of clients skeptical about how their data is being used and processed. The trouble is, where it concerns tightening data security practices around AI, many orgs aren’t in a position to execute well. According to a survey from BigID, a data cont

Oct 10, 2024

AI companies across the globe raised more than $100 billion in venture capital dollars in 2024, according to Crunchbase data, an increase of more than 80% compared to 2023. It encompasses nearly a third of the total VC dollars invested in 2024. That’s a lot of money funneling into a lot of AI companies. The AI industry has swelled so much in the last two years that it has become filled with overlapping companies, startups still using AI just in marketing, but not in practice, and legit diamond-

Jan 10, 2025