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Snowflake's $200M bet: Can the OpenAI deal fix the slump?
On the first trading day of February, Snowflake Inc. (NYSE: SNOW) announced a strategic move that many investors have been ...
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.
Artificial intelligence (AI) has brought more than just outsize gains in the technology sector over the last couple of years. The AI boom has acted as a transformational catalyst for companies across ...
Stocktwits on MSN
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, ...
Warren Buffett's Berkshire Hathaway is set to invest roughly $570 million in Snowflake when the cloud-data platform goes public at a potential $24 billion valuation in the coming weeks. The famed ...
Retail trader favorites are having a rough week. Several hot IPO stocks were hit hard in the final trading week of the year despite the broader market inching toward new record highs. As of late ...
Databricks has attracted increasing attention in recent months. Although it is currently a privately held company, it raised a considerable amount of money earlier this year and reported an annualized ...
Plummeting software stocks aren’t good news for any company with a big enterprise business that is considering going public. Nonetheless, there’s a growing consensus that 12-year-old Databricks—whose ...
In recent years, a number of companies have chosen to go public through SPACs -- but returns have largely been poor compared to the broader market. While investment banks are likely eager to work on a ...
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