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Leaving Spark behind, Databricks enters new territory as it eyes 2021 IPO


Will its vision for unified analytics fly?
Lindsay Clark
Tue 1 Jun 2021 // 10:05 UTC
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Databricks, the commercial company founded around the popular Apache Spark data lake, is making a strike for new class workloads and enterprise data management jobs in its make-or-break IPO year.
Hawking technology news from the company’s Data + AI Summit, CEO Ali Ghodsi spoke to
The Register about the new technologies. Ghodsi said the firm s efforts to combine the order and SQL queries familiar to data warehousing with the schema-less architecture of data lakes would be pushed more aggressively against established vendors in the data management, analytics and data warehousing. ....

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Databricks confirms US$1b in funding


Big data analytics software developer Databricks Monday confirmed raising US$1 billion in a new Series G round of funding that boosts the company’s post-money valuation to US$28 billion.
The new financing presages what many observers expect will be a blockbuster IPO from the San Francisco-based company sometime this year.
The latest funding round comes on top of the US$897 million the San Francisco-based company has already raised including the US$400 million Series F round of financing the company announced in October 2019 and the US$250 million Series E funding in announced in February of that same year.
Last week there were reports, which Databricks declined to confirm, that said the company might have snagged as much as US$2 billion in additional funding, pushing its pre-money valuation to US$28 billion to US$30 billion. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20190710:13:32:00

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Detailed text transcripts for TV channel - FOXNEWS - 20190710:13:28:00

Fulfilling these. sandra: i know that that is your goal. yes, absolutely. his commitment to the environment is sincere, and it works, and on monday, he had an amazing speech where you laid out all the progress. we have the cleanest air on record, he s cleaning out water, investing billions of dollars to rebuild crumbling infrastructure that was ignored by the last administration, and reducing co2 emissions by embracing innovative technology, so it is a winning issue for him. from small policy perspective, and leading into 2020. sandra: he s a big critic of the green new deal, and he says he will defend the environment, but we will also defend american sovereignty. american prosperity. we will defend american jobs. that was the latest that we heard from him on that. great to have you on the program. thank you so much. bill: 28 past the hour now. scare in the air for about 150 passengers. delta engine failing in ....

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