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DATABRICKS
AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...- Execution is bigger challenge than profitability: Fractal CEOFractal reported a sharp 38% sequential decline in net profit to Rs 72.3 crore in April-June quarter. However, on a yearly basis, net profi...
- Databricks expands Microsoft Azure partnership, to use more custom chipsDatabricks will extend its Microsoft partnership through the 2030s. The company will increase its use of the Azure platform and Microsoft's...
- Xebia launches Xebia Axis: Agentic data foundation for faster AI readinessXebia has launched Xebia Axis, an agentic data foundation solution. This new platform accelerates enterprise data migrations for AI readine...
- Databricks secures funding round at $188 billion valuationDatabricks said on Thursday it has signed a term sheet for a strategic funding round that values the data analytics software firm at $188 b...
- Global Market: Sovereign wealth funds pivot to strategic investments as AI takes centre stageSovereign wealth funds are increasingly prioritising national strategic goals over pure financial returns, with artificial intelligence and...
- ETtech Explainer: OpenAI is halving inference cost and what this meansOpenAI has reportedly halved its AI inference costs through significant optimizations, a crucial development amid rising AI development exp...
- ‘Thriving digital ecosystem and AI adoption bringing MNCs here’: Databricks cofounderDatabricks is significantly boosting its presence in India, recognising it as a key market for growth and revenue. This expansion is fueled...
- Companies need flexibility, choice as AI becomes a geopolitical issueIndia is one of the fastest growing markets for Databricks, and last year the firm announced a $250 million investment in India to ramp up ...
- SpaceX IPO: Indians queue up to invest more in US stocksSpaceX's blockbuster initial public offering has ignited significant interest among Indian investors in US stocks, with trading volumes on ...
- India's industrial moment: How AVEVA is turning data into the new competitive edgeIndian industries are investing heavily in digital transformation but face challenges in using their data. AVEVA's industrial intelligence ...
- Databricks in talks to raise funds at over $165 billion valuation: ReportData analytics software firm Databricks has discussed raising money in a funding round that could kick off within the next month and lif...
- Will Databricks go public next year? CEO Ghodsi says focus is on winning, not timingAli Ghodsi says Databricks wants to avoid the mistake of 2022, when many newly public tech companies were forced to prioritise Ebitda and m...
- Databricks in talks to raise capital at $134 billion valuation: ReportThe company has increased its sales projections at least twice this year, the Information reported, adding that in September, Databricks re...
- Databricks in talks to raise capital at above $130 billion valuation: The InformationDatabricks is reportedly discussing a new funding round that could value the company at over $130 billion, far above its previous $100 bill...
- Databricks, OpenAI team up to deliver AI models for enterprise clientsAs part of the agreement, OpenAI's AI models will be built directly into Databricks' cloud platform for enterprise data and analytics, as w...
- Databricks to buy Sequoia-backed Tecton in AI agent pushTecton, backed by Sequoia Capital and Kleiner Perkins, provides software that helps companies analyze and deploy data at scale with low lat...
- India's digital businesses are innovating faster with Data + AI, says Databricks founderThe Silicon Valley's data and AI company Databricks recently committed a $250 million investment in India over the next three years towards...
- Databricks Secures Massive $10 Billion Funding Round, Setting New Heights with $62 Billion ValuationDatabricks has made headlines with a record-breaking $10 billion funding round, cementing its status as a tech powerhouse with a valuation ...
- Databricks rolls out AI assistant to help analyse business dataDatabricks, a San Francisco-based startup most recently valued at $38 billion, is among several tech companies, including Adobe Inc and Int...
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