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DATABRICKS GROWTH
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...- 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...
- 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...
- Data and AI firm Databricks valued at $134 billion in latest funding roundThe series L funding round was led by Insight Partners, Fidelity Management & Research Company and J.P. Morgan Asset Management. Investors,...
- 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...
- 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...
- LatentView CFO sees GenAI boost driving next phase of growth; margins to stay stable amid expansionLatentView Analytics has recorded its tenth consecutive quarter of growth. Strong performance in the BFSI and CPGR sectors is a key driver....
- 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, 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 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...
- 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 ...
- AI’s success must be measured in economic impact, not benchmarks: Satya NadellaIn a conversation with Ali Ghodsi, founder and chief executive, Databricks, at the company’s annual conference in San Francisco on Thursday...
- 3 highly anticipated IPOs that investors should wait for in 2025IPO stocks are expected to see a bright year ahead this 2025, especially backed by the ongoing bull run at the US stock market, giving the ...
- Mobikwik's public market debut; taxing times for e-gamingOne Mobikwik Systems made a strong debut on the bourses on Wednesday. This and more in today’s ETtech Top 5.
- Databricks secures $62 billion valuation in AI-focused funding roundDatabricks secured a $62 billion valuation after a $10 billion funding round led by Thrive Capital, alongside other prominent investors. Th...
- 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 ...
- AI company Databricks finds India on a different trajectory, invests moreDatabricks, under CEO Ali Ghodsi, prioritizes India for investments to support startups with data solutions. The Mumbai infrastructure serv...
- Venture capital starts 2021 with a bang after record fourth quarter: Goldman SachsThe 130% surge in year-to-date funding was led by Robinhood, Cruise Automation, Lalamove, Didi Cargo and Databricks, which cumulatively hav...
- Databricks lands $1 billion from Amazon, Google, Microsoft, othersThe funding will enable Databricks to expand its "lakehouse" architecture, which draws data from various sources to help improve analytics.
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