Jefferies says Snowflake (SNOW) could rerate higher after Databricks’ $188B valuation, citing revenue multiples and AI/GPU ...

Databricks Inc. and Microsoft Corp. today said they’re extending their strategic partnership into the 2030s as the companies seek business from enterprises building artificial intelligence ...

When Databricks closes its new funding round, its $188 billion valuation will be a 40% bump over when it last raised capital in February. And that’s restrained compared with its AI industry peers.

Advsr AI Spotlight Highlighting notable AI moves at the intersection of strategic operating companies and emerging startups.

Partnership between Microsoft and Databricks extended through the 2030s to enhance Azure AI capabilities. Databricks shifts additional core infrastructure to Azure platform services. Azure Cobalt ...