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MindsDB and Nixtla's Partnership Efficiently Optimizes AI-Based Services
"MindsDB aims to make AI development faster, simpler and more accessible, while boosting developers' prediction capabilities through creation of intelligent databases.
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CIO Applications | Monday, May 29, 2023

MindsDB and Nixtla partner to streamline artificial intelligence forecasting and anomaly detection solutions.
FREMONT, CA: "MindsDB aims to make AI development faster, simpler and more accessible, while boosting developers' prediction capabilities through creation of intelligent databases. This integration represents cutting-edge forecasting made simple and brings the power of state-of-the-art time-series modeling into familiar developer environments," according to Jorge, Torres, MindsDB CEO and Co-Founder.
Open-source applied machine learning platform provider, MindsDB reveals its integration with the open-source ecosystem and provider of state-of-the-art time-series forecasting, Nixtla. MindsDB developers can use this integration to build best-in-class AI-powered forecasting and anomaly detection solutions within databases without writing extensive code. The Nixtla model is a time-series data ecosystem containing forecasting libraries. In addition to providing statistical and econometric models, StatsForecast will work seamlessly with MindsDB. The advantages of Nixtla Integration include accurate model implementations, time series forecasting, anomaly detection, probabilistic forecasting, and confidence intervals.
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It is the fastest-growing AI platform in the world, with more than 16,000 GitHub stars, 500+ contributors, and 100+ technology and data integrations. It was built to make building accurate AI-powered apps significantly faster. Just a few months ago, MindsDB announced integrations with Hugging Face and OpenAI, allowing anyone with basic SQL knowledge to integrate natural language processing (NLP) and generative AI into their databases. Benchmark Ventures, a Silicon Valley venture capital firm, invested $16.5 million in the company in February 2023.
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