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for more of this energy hungry infrastructure. also on the show, we re going to get the view from the us tech giant ibm. yeah, they ve seen their demand for al skyrocket. so what are they doing to cut down on their carbon emissions? wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. artificial intelligence. yep, ai. it is everywhere nowadays. and the big tech companies like google, meta, microsoft, and now apple, they re muscling in to be at the head of the ai race, unveiling ever more sophisticated chat bots and other machine learning tools. but one aspect of the ai race that s perhaps not talked about as much is the impact on the environment. these language models, like chatgpt, are some of the most energy guzzling technologies. they need vast data centres to store the amount of data required to train the chat bots. so let me just show you some of the numbers. emissions from global cloud computing account for aroun ....
Kyle Wool, CEO of Dominari Securities, says 2024 could see many IPOs from Databricks to a spinoff of Elon Musk's satellite internet service Starlink ....
According to a recent report, the Data Science Platforms market is estimated to grow at 77% CAGR to reach $322.9 billion by 2026. Databricks, a leading data analytics solution provider, recently reported its annual revenues that grew more than 50%. Databricks's Financials San Francisco-based Databricks was set up with the objective of integrating data engineering, science, and analytics on an open, unified platform to help data teams collaborate and innovate faster. The company remains privately held and does not share details of its financials. Earlier this year, it announced that its revenues had grown more than 50% to over $1.6 billion. Databricks did not give further details on profitability or revenue segmentation besides informing that its data-warehousing product, launched in December 2021, is operating at an annual revenue run rate of $250 million. Last year, Databricks had a pre-IPO funding round when it raised $500 million in a round led by Nvidia at a valuation ....