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Databricks now valued at over 2X Snowflake as software valuations come under scrutiny
Databricks raised $5 billion in a private round from Goldman Sachs, Glade Brook Capital, Morgan Stanley, Neuberger Berman, ...
Cloud data firm Snowflake will buy AI-powered observability leader Observe to expand its capabilities in a $50+ billion IT operations management software market. Snowflake played it cool with the ...
MarketBeat on MSN
Snowflake's $200M bet: Can the OpenAI deal fix the slump?
On the first trading day of February, Snowflake Inc. (NYSE: SNOW) announced a strategic move that many investors have been waiting for. The data cloud company signed a multi-year, $200 million ...
Plummeting software stocks aren’t good news for any company with a big enterprise business that is considering going public. Nonetheless, there’s a growing consensus that 12-year-old Databricks—whose ...
A broad selloff in software stocks is starting to stall deal-making and IPOs in the sector as volatility makes valuations ...
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