The first announcement came in May 2024 when Crunchy Data revealed their proprietary bridge for rewiring Postgres to route ...

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...

Databricks has made headlines with a record-breaking $10 billion funding round, cementing its status as a tech powerhouse with a valuation of $62 billion. Databricks, a leading data analytics company, ...

Fed lowers reverse repo rate by 30 basis points Fed reverse repo rate now 4.25%, matching low end of fed funds range Analyst expect Fed tweak to flush cash from reverse repo facility Dec 18 ...

San Francisco-based software company Databricks Inc. said Tuesday it has raised $8.6 billion out of a $10 billion targeted fundraising in private markets as the latest example of why some major ...

When he was in college in Sweden, Ali Ghodsi read an article about a chief executive who was hired to save a struggling tech company. It reminded him of the surgeries his parents, both doctors ...

Cloud data platform provider Databricks Inc. today announced that it’s raising a very late-stage $10 billion funding round at a $62 billion valuation. The Series J investment doesn’t come as a ...

Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz ...

With ample money available in private markets, Databricks, a specialist in data and artificial intelligence, is valued at $62 billion San Francisco-based software company Databricks Inc. said ...

(Bloomberg) -- Databricks Inc. is raising $10 billion in new funding, a massive cash injection that will bring the software maker’s valuation to $62 billion. The startup, which is among the ...