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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 ...
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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, ...
Snowflake (NYSE:SNOW) shares have surged by nearly 50% this year, although the stock fell on Thursday after the Q3 results were announced. Investors seem to be worried as product revenue growth slowed ...
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 ...
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 ...
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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