{
Databricks

Companies

}
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Amazon Introduces Buy with AWS Button to Enhance Cloud Software Sales

Amazon Web Services (AWS) has introduced a "Buy with AWS" button, enabling cloud software vendors to sell directly to AWS customers through their websites. This initiative aims to enhance customer and partner loyalty while simplifying the purchasing process, with no fees for software companies embedding the button. Prominent vendors like Databricks and Workday are expected to benefit from increased revenue and faster procurement through this integration.
CNBC
United States Dollar Workday, Inc. Microsoft Corporation WIZIT Co., Ltd. Google Inc. Databricks Amazon.com, Inc. Gartner, Inc. USA Ed Anderson Matt Garman David Meyer Matt Yanchyshyn Matthew Brandt Show more
Technology & Innovation, News Article
00:00 05.12.2024

OpenAI secures 1.5 billion investment from SoftBank in employee share tender offer

OpenAI has secured a $1.5 billion investment from SoftBank, enabling employees to sell shares in a tender offer. This move allows current and former employees to cash out while SoftBank increases its stake in the AI startup, which has seen its valuation soar to $157 billion since launching ChatGPT. The tender offer is open until December 24 for eligible employees, reflecting a shift in OpenAI's approach to liquidity amid a competitive AI landscape.
CNBC
United States Dollar QUALCOMM Incorporated NVIDIA Corporation Microsoft Corporation Google Inc. Alibaba Databricks SoftBank Corp. KOR Geoff Lewis Masayoshi Son Sam Altman Show more
Finance & Economy, News Article
06:15 27.11.2024

databricks seeks up to 8 billion in funding at 55 billion valuation

Databricks is raising at least $5 billion in a funding round that could value the company at $55 billion, allowing employees to cash out and reducing the urgency for an IPO. Founded in 2013, the firm specializes in data organization and generative AI products, with annualized revenue projected to reach $2.4 billion by mid-2024. CEO Ali Ghodsi indicated that a public debut could occur in the latter half of next year, but the focus remains on long-term success rather than immediate market entry.
CNBC
United States Dollar Baillie Gifford Walgreens Boots Alliance, Inc. AT&T Inc. Capital One Financial Corporation Insight Partners Andreessen Horowitz Fidelity NVIDIA Corporation Databricks Stripe USA Ali Ghodsi Show more
Technology & Innovation, Market Report
19:40 26.11.2024

open source large language models gain traction in enterprise adoption

The enterprise landscape is rapidly shifting towards open source large language models (LLMs), driven by the need for control, customization, and cost efficiency. Major companies like Salesforce and Oracle are integrating open models, reflecting a growing preference for flexibility and reduced vendor lock-in. As costs for LLM deployment plummet, open source solutions are expected to dominate, paralleling historical trends in operating systems and software development.
VentureBeat
United States Dollar Euro Salesforce, Inc. ServiceNow, Inc. Snowflake Inc. SAP Intuit Inc. Meta Platforms, Inc. AWS Oracle Corporation Databricks USA Marc Andreessen Mark Zuckerberg Hanlin Tang Ted Shelton Matt Candy Show more
Technology & Innovation, Market Report
19:06 24.10.2024
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