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The Latest Breaking News from Databricks

5 Things to Know About Databricks’ $250 Million Bet on India

Databricks has announced that it's going to invest over $250 million in India over the next three years. The funding will be used to strengthen its

Geekflare

There are 372 AI unicorns right now, according to PitchBook. Here’s what that means

Right now, in the tech industry paddock, there are 372 AI unicorns, according to PitchBook.

Fortune

Why Palantir Rallied With Help From Nvidia-backed Databricks

Palantir stock had a strong week, as the company unveiled a partnership with Nvidia-backed Databricks.

Investors Business Daily

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IPO Market Slump Drags On As Unicorns Multiply. Why There's Hope For More IPOs In 2025.

After a downbeat year, investors are eyeing a more robust technology IPO market in 2025. Here's their case for coaxing more unicorns off the sidelines.

Investors Business Daily

Confluent: How Data Streaming May Transform AI

Confluent's earnings performance, its strong guidance, and its exciting partnership with Databricks—with the potential to transform AI—make it a must-watch.

MarketBeat

Confluent Stock Jumps As Earnings, Outlook Beat Expectations

Confluent said that it earned an adjusted 9 cents per share on sales of $261 million for the December-ended quarter.

Investors Business Daily

3 High-Growth SaaS Companies to Watch

The SAAS industry is positioned for continued expansion, owing to the continuous advancements in AI and cloud computing, along with surging global demand. Thus, it could be wise to add high-growth SaaS stocks Twilio (TWLO), Informatica (INFA), and DocuSign (DOCU) to your watchlists. Continue reading….

StockNews.com

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How Databricks Pounced On AI Opportunity Amid Snowflake, Palantir Rivalries

The rivalry between enterprise software makers Snowflake and Databricks intensified amid the emergence of generative artificial intelligence.

Investors Business Daily

These AI startups eyeing IPOs could be poised for long-term investor success

Some AI startups are itching to finally go public; other tech startups that are just 'AI-adjacent' are hoping the tech can boost their share prices.

Fortune

Meta Platforms Backs Hot AI Startup Databricks As Strategic Investor

Meta joined a mega-sized venture funding round for Databricks, with the Facebook parent serving as strategic investor.

Investors Business Daily

AI Startup Databricks Raises $10 Bn As Value Soars

Young startup Databricks, which specializes in scaling and building artificial intelligence, said Tuesday it raised $10 billion, bringing the company's valuation to $62 billion.

International Business Times

Databricks just raised $10 billion in one of the biggest venture capital fundings ever

Databricks announced one of the largest venture capital fundings ever, led by Thrive Capital, and is now valued at $62 billion.

Fortune

Nvidia-Backed Databricks Raises $10 Bil. Next Hot AI Stock?

Nvidia-backed Databricks just raised $10 billion in a Series J funding round raising expectations for a blockbuster AI IPO.

Investors Business Daily

The AI Race Is On. Do Ambitious Startups Like OpenAI Stand A Chance Against Big Tech?

Will AI model builders OpenAI and Anthropic ever rank among the best AI stocks? Going public may be a challenge as they battle tech incumbents like Google and Meta.

Investors Business Daily

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Fortune

Future 50 executives say they’re focusing on investing in AI and remote work

Executives discussed how they’re becoming agile and advancing tech during a virtual conversation hosted by Fortune and Workday.

International Business Times

Databricks Nears $55 Billion Valuation With New Multi-Billion Dollar Funding

Databricks is raising $5 billion in cash with a $55 billion valuation.

Fortune

Exclusive: Wherobots, cloud-based geospatial data platform, closes $21.5 million Series A

Wherobots has closed its $21.5 million Series A, led by Felicis, Fortune can exclusively report.

Fortune

Databricks CEO Ali Ghosdi on Snowflake rivalry and the ‘why’ behind Databricks’ latest billion-dollar deal

Databricks just acquired open source-focused data manager Tabular. Though we don’t know the exact contours of the deal, we know it’s north of $1 billion, making it the company’s second billion-dollar deal within 12 months.

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Investors Business Daily

Snowflake Earnings Watch: Will New CEO Build AI Product Momentum?

When Snowflake reports Q1 earnings, analysts expect new chief executive Sridhar Ramaswamy to tout his plans to make artificial intelligence products a bigger part of company strategy.

Fortune

Databricks is expanding the scope of its AI investments with second VC fund

The corporate VC fund has already backed 25 AI and data startups.

Investors Business Daily

AI Stocks: Will Vector Search Ignite The Enterprise Chatbot Market?

AI Stocks: Cloud giants Google, Microsoft and Amazon are using vector search technology to harness corporate data for building chatbot apps.

Kiplinger

Q2 Investing Outlook: Experts Eye Earnings, Rate Cuts & More

Inflation, interest rates and corporate earnings will be top of mind for investors in the second quarter.

International Business Times UK

Elon Musk Weighs In Tucker Carlson's Take on Nancy Pelosi's Stock Picks That Outshine Warren Buffett's

Pelosi's investments, including in tech firms like Databricks and Nvidia, prompt scrutiny amid allegations of conflicts of interest.

TechRadar

'What if the operating system is the problem': Linux was never created for the cloud — so engineers developed DBOS, a new operating system that is part OS, part database

DBOS is an operating system on top of a database with features like reliable execution and time travel.

TechRadar

Databricks invests in Mistral, announces AI tie-up

Buzzworthy French startup lands Databricks strategic partnership weeks after landing further big investment.

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