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DATABRICKS COMPETITION
Agentic AI startup Sycamore raises $65 million led by Coatue, LightspeedSri Viswanath, a former partner at Coatue who left the firm to found Sycamore, told TechCrunch that he aims to create a complete agent orch...- 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...
- Snowflake partners with OpenAI in $200 million AI dealSnowflake said on Monday it has entered a $200 million partnership with OpenAI to integrate advanced artificial intelligence models directl...
- India is about world class tech talent, not low cost outsourcing: Databricks cofounderPatrick Wendell told ET that the company is betting on India as both, a key development hub and business market. He also said Databricks is...
- Global cloud and enterprise tech firms revamp India leadershipGlobal cloud and enterprise technology companies are increasingly prioritizing India, appointing new country heads to leverage its growth p...
- Databricks names Kamalkanth Tummala India country managerDatabricks has appointed Kamalkanth Tummala as country manager for India. Formerly with Salesforce, Tummala will lead the company’s $250 mi...
- 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...
- 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...
- AI startup Anaconda raises $150 million in Series C funding led by Insight PartnersThe company said on Thursday the fresh capital will support product development, potential acquisitions, and international expansion, as we...
- AI analytics company Databricks looks to ramp up India playDatabricks is investing $250 million in India over three years to boost talent, R&D, and market expansion. Co-founder Arsalan Tavakoli high...
- Chip wars heat up: Israeli startup Speedata raises millions to challenge Nvidia with lightning-fast processorSpeedata, an Israeli chip startup, secured $44 million in Series B funding, bringing its total to $114 million. The company is set to unvei...
- OpenAI cofounder Ilya Sutskever’s startup is fundraising at $30 billion-plus valuationThe round marks a significant valuation jump from the $5 billion that Sutskever’s company was worth before, according to Reuters, which ear...
- OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks, sources sayOpenAI CEO Sam Altman is visiting the UAE to discuss raising $40 billion with Abu Dhabi's MGX, aiming to fuel AI development and compete wi...
- What is distillation that China's DeepSeek allegedly used to piggyback off the advances of U.S rivals ChatGPT and Gemini?OpenAI said that they are aware of groups in China working to replicate US AI models through distillation and are reviewing whether DeepSee...
- Anysphere, a maker of AI coding software, raises $105 millionThe nearly 3-year-old startup Anysphere is now valued at $2.5 billion following a new funding round led by Thrive Capital, which previously...
- IIT-BHU sees 432 offers --including PPOs -- from 160 companies at the end of first two slots of Day 1 of final placementsIIT-BHU secures 432 offers for 1506 students in BTech, MTech, and integrated dual degree programmes at the end of the first two slots of Da...
- Placement season starts with burst of big-ticket offers at old IITsAs final placements for 2024-25 start at old IITs, top compensation offers of over Rs 1 crore come from firms like Optiver, Da Vinci, and Q...
- India turning a C-suite magnet with quality talent: Snowflake CEOSridhar Ramaswamy, CEO of cloud data analytics company, Snowflake, says India is rapidly emerging as the hub of top business decision maker...
- Sequoia backs AI startup that automates engineering tasksMatan Grinberg, a former physics PhD student, founded Factory, an AI startup valued at over $100 million.
- Aakash Chaudhry won’t return to Byju’s; Alteria’s Rs 1,550 crore Fund-IIIHappy Thursday! Talks between Aakash Institute promoters and Byju’s on Aakash Chaudhry’s return to helm the coaching firm have failed. Deta...
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