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Databricks now valued at over 2X Snowflake as software valuations come under scrutiny
Databricks raised $5 billion in a private round from Goldman Sachs, Glade Brook Capital, Morgan Stanley, Neuberger Berman, ...
By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of ...
Databricks is prepared to go public "when the time is right," CEO and co-founder Ali Ghodsi told CNBC in an interview.
Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.
Snowflake traded near flat as a bullish outlook on AI-driven demand faced growing competitive pressure amid valuation ...
By Jaspreet Singh and Pritam Biswas Feb 9 (Reuters) - Databricks said on Monday it has raised about $5 billion in funding at ...
As customers try to “get artificial intelligence right,” the need to rationalize siloed data becomes increasingly important. Data practitioners could put all their data eggs into a single platform ...
The past few months have highlighted that the battle between Snowflake Inc. and Databricks Inc. is as hot as ever. The two companies have different philosophies. But there’s no question that ...
Snowflake's share price remains under pressure due to its ongoing growth deceleration and rising competition. In particular, Databricks is growing rapidly and trying to drive adoption of the data ...
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