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Databricks has closed its Series I funding after receiving new investments from AT&T and other strategic partners, placing the company at a $43 billion post-money valuation. The funding will go towards accelerating the development of artificial intelligence technologies, generative AI research and hiring new talent with data science and engineering expertise, the San Francisco, California-based company said Friday.Join the Potomac Officers Club’s 5th Annual AI Summit to hear from the foremost experts in the field. Keynote speakers come from the Pentagon, DARPA, DHS and NGA. Register here. ....
With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds. As one of the most promising unicorns backed by chipmaker Nvidia Corp., the company raised over $500 million in capital last month, bringing its valuation to $43 billion. The wobbly tech markets failed to deter the data analytics firm, as Databricks has been cashing in on the rising popularity of artificial intelligence ....
) proudly announces the winners of the SunBridge Emerging Leader Award for 2022. Each year, this award recognizes one innovative high-growth company from Japan ....