Search results for Ali Ghodsi
AI & Enterprise
Databricks to acquire attack-detection platform Panther Labs
Databricks said on June 16 it will acquire Panther Labs, a startup that offers an AI-based cyberattack detection platform. The deal value was not disclosed. Panther uses filters to remove unnecessary parts of system log data to cut data collection costs and secure more data needed for intrusion analysis. It also supports building detection code with natural-language prompts and suggests code changes when false positives occur. Databricks plans to combine Panther with Lakewatch.
AI & Enterprise
Databricks starts new fundraising talks at $165 to $175 billion valuation
Databricks is discussing a new fundraising round at a valuation of $165 billion to $175 billion, The Information reported on Sunday. The valuation would be up sharply from $134 billion at the end of last year. The new round could begin as soon as within a month and final terms have not been set. CEO Ali Ghodsi called 2026 the worst year to list, Bloomberg TV reported.
AI & Enterprise
Low-cost AI spread could threaten OpenAI, Anthropic IPO plans
The spread of mass-market AI models and companies’ efforts to cut costs could become an obstacle for OpenAI and Anthropic as they pursue IPOs at high valuations. Both are valued at more than $800 billion, but cost efficiency is becoming as important as performance in the enterprise AI market. Companies including Meta, Shopify, Spotify and Pinterest say higher AI and inference costs are squeezing margins.
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AI & Enterprise
AI token consumption surge may be inflated
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AI & Enterprise
Snowflake CEO says AI era brings risks and opportunities for enterprise software
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AI & Enterprise
Global security shake-up accelerates, from LLMs to world models
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AI & Enterprise
Databricks raises $5 billion at $134 billion valuation