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DATABRICKS SECURES FUNDING
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...- 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...
- ETtech Deals Digest: Startups raise $1.9 million in October, up 3x on-yearIndian startups secured $1.9 billion in funding during October, a threefold increase over the previous year. This surge was driven by 85 fu...
- Uniphore closes $260 million in funding from Nvidia, AMD, othersThe funding round, which valued the Palo Alto-based company at around $2.5 billion, also saw participation from existing investors such as ...
- 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...
- 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 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...
- Databricks commits $250 million to India in AI, R&D, and skilling pushDatabricks is set to significantly expand its presence in India, investing over $250 million to tap into the country's burgeoning AI talent...
- 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 ...
- Meta in talks to raise $35 billion for data-center financing led by ApolloAlternative asset managers have teamed up with technology giants before, but the potential deal with Meta stands out. Databricks Inc. previ...
- 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...
- Meta backs data analytics firm Databricks as AI boom attracts investorsCompanies, including Meta, have been investing heavily to build and train large language models (LLMs) such as ChatGPT, which are advanced ...
- AI-focused company Infinite Reality valued at $12.25 billion after $3 billion fundraiseInfinite Reality, an AI-focused company, announced a $12.25 billion valuation after securing $3 billion in funding. Founded in 2019, it off...
- 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 ...
- Westbridge Capital trims stake in SaaS firm Freshworks by 2%The India-focused investment fund now holds a 4% stake, worth $221 million, in Freshworks. In the September quarter, while Westbridge slash...
- Databricks to buy data management firm Tabular for over $1 billionSan Francisco, California-based Databricks, a data analytics platform using artificial intelligence, said Tabular's team of about 40 member...
- 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...
- Databricks raises over $500 million at $43 billion valuationData analytics platform Databricks has secured over $500 million in funding, valuing the company at $43 billion. The funding round, led by ...
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