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Databricks, a database provider whose tools help customers develop and use AI, is in talks to raise money at a valuation of more than $130 billion, up around 30% from its valuation in a financing round just two months ago, according to two people involved in the discussion.
The possible capital raise reflects investor interest in companies providing cloud software to AI developers and which are generating cash. Databricks hasn’t signed a term sheet with any investment firms, one of the people said.
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The Information
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The Information
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63
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41
Nvidia has stopped testing an Intel process to manufacture its chips, Reuters reported, driving Intel’s shares down. Nvidia was recently testing an Intel production process known as 18A but decided to stop moving forward with the efforts, Reuters reported, citing two people familiar with the ... Read more ›
39
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28
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28
Over the past year, Andreessen Horowitz, Sequoia Capital and many of Silicon Valley’s other top venture capital firms have funneled at least $1.2 billion in funding to startups selling technology to city police departments and local public safety agencies. Those companies illustrate the ... Read more ›
23
Waymo on Tuesday provided further details about its decision on Saturday to temporarily pause its robotaxi service in San Francisco amid a citywide power outage that caused its driverless cars to stall traffic. The company said it made the decision so its vehicles wouldn’t obstruct first ... Read more ›
20
OpenAI executives have kept a tight lid on how the company could show advertisements to users of its popular ChatGPT chatbot, leaving the broader digital ad industry eager for clues. Behind the scenes, staff are working through key details. Employees have discussed ways to tweak AI models to prioritize sponsored information in ChatGPT’s responses when users ask relevant queries, a person familiar with the discussions said. For instance, a Sephora-sponsored... Read more ›
17
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14
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Most popular sources
Gizmodo
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25% 2 |
Business Insider
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17% 16 |
Tom's Hardware
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15% 3 |
TechRadar
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9% 7 |
ScienceDaily
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6% 5 |
| View sources » | |
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28.12.2025 06:02
Last update: 05:55 EDT.
News rating updated: 12:50.
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