Snowflake Inc. gave an outlook for operating margin that fell short of analysts’ estimates, raising concerns among investors about the profitability of new AI-based tools. Adjusted operating income ...

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 ...

Private data analytics firm Databricks could be worth $130 billion in a new funding round. The new valuation would provide a boost to early investors ahead of a potential IPO, including NVIDIA ...

A new report from The Information said Databricks is looking to raise funding at a $130 billion valuation, a 30% increase from the company's $100 billion valuation around two months ago. In September, ...

Data intelligence company Databricks is reportedly already in talks to raise fresh capital, just a few months after its last fundraise. Databricks is holding conversations to raise a funding round ...

The market for initial public offerings has perked up this year after a sluggish 2024. Some 191 companies came public through mid-November, a 48% increase over the same period last year, according to ...

Anyscale Inc., creator of the open-source distributed computing platform Ray, today announced a new partnership with Microsoft Corp. and the private preview of a new artificial intelligence-native ...

A major Microsoft outage has caused services like 365 and Azure cloud platform to go dark hours before the company was set to report its quarterly earnings, CNBC reports. According to Downdetector, ...