Databricks and Snowflake, already embroiled in a fierce rivalry over software that manages companies’ data, are now jockeying for position in generative artificial intelligence—particularly AI that ...
For the enterprise, it’s going to come from a place like Databricks,” Mathew said. Flash forward to the end of 2024, with an IPO market still locked and investors dying to get a piece of AI ...
Artificial intelligence (AI) and data company Databricks is raising $10bn in Series J funding, valuing the company at $62bn. ...
For my last issue of the year, I’m focusing on the AI talent war, which is a theme I’ve been covering since this newsletter ...
invest in new AI products, and potential M&A opportunities for startups, according to Ali Ghodsi, co-founder and CEO of Databricks. He attributed the 11-year-old company's milestone of achieving ...
The Snowflake vs Databricks rivalry is intensifying. Databricks recently raised $10 billion in one of its largest funding ...
Databricks intends to invest the capital in AI products, acquisitions, and international go-to-market expansion on the back of "increased momentum and accelerated growth. It will also be used to ...
That would mean that Databricks may be floating an IPO after ... We sell different types of products and services to both investment professionals and individual investors. These products and ...
Competition from privately held Databricks has pressured Snowflake stock. Investors are eyeing AI product initiatives under a ...
Databricks raised $8.6 billion, on a path to raising $10 billion, and hit a $62 billion valuation. It catapults the San ...
The fresh capital will be allocated towards new AI products, acquisitions, and expand its international go-to-market ...
Databricks plans to invest in AI products, acquisitions, and international expansion. Databricks is raising $10 billion in its latest funding round, bringing its valuation to $62 billion ...