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Data And AI Firm Databricks Raises $500m At $43bn Valuation

Databricks Raises Series I Investment at $43B Valuation

/PRNewswire/ Databricks, the Data and AI company, today announced its Series I funding, raising over $500 million. This funding values the company at $43.

Ontario Teachers writes off FTX stake, taking $95-million loss

Ontario Teachers’ Pension Plan said it will write down its stake in FTX, Sam Bankman-Fried’s now-bankrupt cryptocurrency exchange. Read on

Ontario Teachers marks down $95 million investment in FTX to zero

Ontario Teachers will write down its FTX stake to zero, barely a year after making its first investment in the now-bankrupt crypto exchange.

FTX meltdown highlights need for co-ordinated international oversight

The OSC s Grant Vingoe says the cryptocurrency sector is "challenging" to regulate. Read more.