Databricks is turning heads amid reports of a major new funding round following strong sales growth over the course of this year. The fast-growing AI and data analytics firm is looking to raise $5 ...
Restaurant stocks have lagged broader retail this year by a significant margin, primarily because traffic and same-store sales have decelerated while costs for labor, food, rent, and interest remain ...
Nov 17 (Reuters) - Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information ...
The outage affected Microsoft 365, Xbox, Minecraft, and major companies, including Starbucks and Capital One. Azure services have recovered to over 98% availability, with full restoration expected by ...
2025 has seen quite a few technological glitches. Just a week after the global Amazon Web Services (AWS) outage wreaked havoc across multiple platforms, banks and airlines, Microsoft ran into a ...
The second major cloud outage in less than two weeks, Azure’s downtime highlights the “brittleness” of a digital ecosystem that depends on a few companies never making mistakes. Microsoft's problems ...
Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.
Naveen Rao, the head of artificial intelligence at the $100 billion startup Databricks Inc., is planning to leave his position to launch a new venture making a novel type of computer, according to a ...
Just nine months after raising a whopping $10 billion (plus $5 billion in debt) in January, Databricks has confirmed another $1 billion raise at a $100 billion-plus valuation. When rumors of the raise ...
Andrew Left made his name writing shrewd short-seller reports on companies he deemed troublesome. In mid-August, Left called high-flying Palantir "overvalued." The stock is down 17% since. Now Left is ...
Aug 22 (Reuters) - Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for ...
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