Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now has access to over $7 billion in debt, the person added.
Bloomberg’s sources said that the financing was provided by private credit lenders and broadly syndicated loan investors.
Since establishing operations in Sunnyvale last year, Databricks has come to occupy more than 455,000 square feet of offices.
Snowflake traded near flat as a bullish outlook on AI-driven demand faced growing competitive pressure amid valuation ...
Data analytics software firm Sumo Logic Inc. today announced two new Snowflake Inc. and Databricks Inc. apps that give ...
The $400 million round was led by Dragoneer.
Sumo Logic, a leading Intelligent Operations Platform, is introducing its new Snowflake Logs App and Databricks Audit App, giving customers robust visibility into their data pipelines, dependable ...
Both the Databricks Audit App and Snowflake Logs App are now available in the Sumo Logic App Catalog.
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Java 26, due in March with structured concurrency, lazy constants, AOT object caching, and primitive types in patterns, instanceof, and switch, has entered a second rampdown phase for bug fixes. Java ...
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