As for the AI bubble, it is coming up for conversation because it is now having a material effect on the economy at large.
Data analytics company Databricks is in discussions to raise about $5B at a $134B valuation, which is nearly 32 times this year's expected sales of about $4.1B, The Information reported, citing ...
Nov 30 (Reuters) - Data analytics firm Databricks is in talks to raise $5 billion at a valuation of $134 billion, which is roughly 32 times this year's expected sales of about $4.1 billion, The ...
A federal watchdog said two models of batteries found in Rad Power Bikes should be immediately, and safely, disposed of. The bike company disputes the safety agency’s findings. By Alexandra E. Petri A ...
Certain e-bike batteries from Rad Power Bikes pose a serious risk of injury and death from fires, and consumers should stop using them immediately. That’s according to a safety warning issued this ...
Update: The revised post updates with details from Databricks. San Francisco-based data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, almost 30% above ...
Andy Konwinski is concerned that the U.S. is losing its dominance in AI research to China, calling the shift an “existential” threat to democracy. Konwinski is a Databricks co-founder and the ...
There is a lot of enterprise data trapped in PDF documents. To be sure, gen AI tools have been able to ingest and analyze PDFs, but accuracy, time and cost have been less than ideal. New technology ...
Plug Power Inc. (NASDAQ:PLUG) shares fell after the company released a mixed third-quarter earnings report after Monday's closing bell. Here's a look at the details in the report. The Details: Plug ...
As the AI industry rapidly expands, questions about the environmental impact of data centres are coming to the forefront – and a new forecast warns the industry is unlikely to meet net zero targets by ...
LONDON, Nov 6 (Reuters) - Data centre capacity growth across Europe, the Middle East and Africa has slowed down in 2025 so far compared to the same period last year, despite surging demand, as a lack ...