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DATABRICKS AI STRATEGY
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 ...
AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
Thrive launches permanent capital arm, to buy stake in San Francisco GiantsThrive Capital has unveiled Thrive Eternal, a new venture for long-term investments. This permanent capital holding company aims to acquire...
Fund with stakes in SpaceX and Anthropic jumps 1,200% above asset valueThe Fundrise Innovation Fund (VCX) has seen its shares surge over 1,500% above net asset value, driven by investor demand for stakes in pre...
Databricks to ramp up India hiring, R&D: CIO Naveen ZutshiDatabricks is ramping up hiring and investment in India, expanding its Bengaluru R&D centre as enterprise demand grows. With close to 1,000...
PhonePe pauses IPO; Databricks' India ramp-upPhonePe has deferred its IPO citing the Iran war. However, sources tell us pricing of the issue was a key concern. This and more in today's...
Why 90% of AI models never make it to production: Blackstraw.ai.’s Atul AryaAs enterprises accelerate AI adoption, the gap between experimentation and real-world impact remains stark.
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 projects $4 billion in annual revenue on surging AI demandIn the second quarter, the company serving around 15,000 customers including energy major Shell and electric-vehicle maker Rivian, surpasse...
Google’s Gemini can now talk — new audio tool reads your Docs out loud with easeGoogle Docs audio feature: Google Docs will soon read documents aloud using Gemini. A new 'Audio' tool helps users absorb information and c...
Missed Snowflake’s boom? Databricks’ $100 billion AI leap could be Wall Street’s next jackpotDatabricks $100 billion valuation latest news: Databricks, a rival to Snowflake in cloud data, is nearing a $100 billion valuation after a ...
Microsoft breaks from 30-year tradition of naming rivals in filingsMicrosoft has stopped naming its competitors in its annual report, ending a 30-year-long practice. The company is now focusing on broader m...
India's digital infrastructure development 'game-changer': Databricks CEO GhodsiDatabricks CEO Ali Ghodsi lauds India's advanced digital infrastructure, surpassing many nations and fostering innovation in data and AI. D...
M2P Fintech in talks to acquire AI startup Vue AI in distress dealVue.ai (Mad Street Den) has raised over $50 million since its inception a little over a decade ago. The tech infrastructure startup offers ...
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 ...
Freshworks appoints Srinivasan Raghavan as chief product officer to drive AI-driven innovationSrinivasan Raghavan comes with over two decades of leadership experience in the enterprise SaaS industry. He joins the executive management...
SaaS firm Freshworks appoints Murali Swaminathan as CTOSwaminathan will spearhead the Nasdaq-listed firm’s global engineering and architecture teams. He will join the executive management team o...
Not an open and shut case: India’s balancing act between open and closed-source GenAI modelsAs India starts to emerge as the use-case capital of GenAI applications, tech leaders and startup founders believe both open and close-sour...
Indian gig workers toil at frontlines of AI revolutionAkash and Ikshita engage in online work. Gig workers in India train AI models through microtasks. India emerges as a data annotation hub wi...
Qlik acquires AI data management firm MozaicThe acquisition is aimed at accelerating data deployment and utilization across enterprises, especially in cloud platforms like Amazon Reds...