Databricks raised $5 billion in a private round from Goldman Sachs, Glade Brook Capital, Morgan Stanley, Neuberger Berman, ...
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 ...
Instacart's long-awaited IPO prospectus last week turned controversial in a way the grocery-delivery company wasn't anticipating. The filing spelled out how much money the company is spending on ...
Three main pressure points are transforming the modern data landscape: 1) Increased interest in adopting open table formats to allow any compute to operate on any data; 2) The point of control is ...
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 ...
Well-funded software maker Databricks, a rival of SnowflakeSNOW, released new financial data on Wednesday, saying it expects to generate $3.7 billion in annualized revenue by July, a growth rate of 50 ...