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Amazon, Alphabet and Salesforce are all investing in a $28 billion company that crunches big data
Cnbc ^ | 1 February 2021 | Jordan novet

Posted on 02/01/2021 1:26:59 PM PST by Cronos

Databricks' software helps companies prepare data for analysis and artificial intelligence models

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Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco, California, U.S., on Tuesday, Oct. 22, 2019.

Databricks, a start-up whose software helps companies quickly process large sets of data and get it ready for analysis, said Monday it has raised $1 billion in fresh cash, including from a few prominent corporate investors. Amazon Web Services, Alphabet's CapitalG venture arm and Salesforce Ventures all joined in, according to a statement. Microsoft, which invested in Databricks earlier, is also participating in the new round, according to a statement.

The transaction, which values Databricks at $28 billion, shows the top three U.S. cloud providers recognize that the company represents an opportunity similar to Snowflake, another company with cloud software that helps companies manage data.

Databricks rose to prominence because it helped companies implement a version of Apache Spark, an alternative to the Hadoop technology for storing lots of different kinds of data in massive quantities. It can help clean up data for exploration in data visualization software such as Salesforce-owned Tableau. The Databricks software gives companies a simple way to run this sort of software, without having to worry about configuring and updating it. Increasingly Databricks is also increasingly helping organizations deploy artificial-intelligence models.

"We're 100 percent cloud-native," Databricks CEO Ali Ghodsi told CNBC in a 2019 interview. That same principle applies to Snowflake, which Salesforce had also invested in and has demonstrated strong revenue growth following its initial public offering last year.


TOPICS: Business/Economy
KEYWORDS: alphabet; amazon; cloudproviders; databricks; salesforce; spying; startup
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1 posted on 02/01/2021 1:26:59 PM PST by Cronos
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To: Cronos

more data is good - what could go wrong?


2 posted on 02/01/2021 1:29:22 PM PST by ghost of nixon
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To: Cronos

Captain data crunch will ‘protect’ your data.


3 posted on 02/01/2021 1:30:46 PM PST by NWFree
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To: Cronos

Can we go back to the 50s or 80s and just stay there? Please?


4 posted on 02/01/2021 1:41:59 PM PST by Phillyred
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To: NWFree
Captain data crunch will ‘protect’ your data.

As far back as the early 1990s a book about the NSA said they had ways of listening in on every American phone call and a supercomputer method of recording and storing hundreds of millions of them.

Imagine 2021 style. Maybe every Samsung smart TV, laptop camera view and every phone digital record shows your facial expressions are not in line with totally worshipping the Biden-Kamala government. Not a good thing for you.

5 posted on 02/01/2021 1:42:00 PM PST by frank ballenger (End vote fraud, harvesting,non-citizen voting & leftist media news censorship or we are finished.)
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To: frank ballenger

I think you are correct, but I’m damned disappointed Trump wasn’t able to use all this info to show voter fraud.....


6 posted on 02/01/2021 1:44:05 PM PST by nascarnation
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To: Cronos

‘”This is so cool! Watch this: Hey Alexa...”

“All your informations are belonging to us.”

“We are the Borg. Resistance is futile.”

“Comrade, you are not visible to your telescreen. Please move into view.”


7 posted on 02/01/2021 1:49:10 PM PST by polymuser (A socialist is a communist without the power to take everything from their citizens...yet.)
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To: frank ballenger
As far back as the early 1990s a book about the NSA said they had ways of listening in on every American phone call and a supercomputer method of recording and storing hundreds of millions of them.

In 1998, I saw "Enemy of the State" in the theaters.

At the same time, one of my kids was using a PC-based foreign language tutor application. One of its features was a little speedometer-like icon which showed how closely your pronunciation came to the proper one. I reflected upon how easily someone with the resources of a government could buy huge arrays of stripped down processor boards to sift through recorded conversations for key words of interest, or even the voice print of a person of interest.

8 posted on 02/01/2021 1:51:40 PM PST by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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To: Cronos

I’m not sure the writer has explained anything useful.

Does Jordan know how data is stored?

For example, how modern servers do data deduplication? Block storage? Blob storage? Message queues? Register contents?

Is the data in question new, different or unique?

Data is... data. Bits... Ones and zeros.

Bits can be saved that translate to a thousand different things—pixels on a screen, the text that makes up typical documents, sound recordings, a virtual drive a virtual machine boots from, encrypted data, even left over bits in memory storage or on a hard drive that haven’t been overwritten yet.

What’s left out is some claim that they’ve found a new way to read or write those bits?

What is it?

Sounds like hype.


9 posted on 02/01/2021 2:05:18 PM PST by Alas Babylon! ("You, the American people, are my only special interest." --President Donald J. Trump)
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To: Cronos

All three Indian-dominated companies.


10 posted on 02/01/2021 2:22:12 PM PST by Starcitizen (Thank you to the Senate for passing S.386, turning the US into the third-world shithole of India. )
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To: ghost of nixon

Sounds like an anti-trust action by Justice is in order.


11 posted on 02/01/2021 4:35:23 PM PST by Kenny500c ( )
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To: Cronos

Hope it’s vaporware


12 posted on 02/01/2021 5:32:32 PM PST by FlyingEagle
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To: Alas Babylon!

Databricks is an updated form of Jupyter notebooks that allow you to distribute Python, R or Scala processing commands across multiple clusters. You can also set up a cluster very easily. Underlying this is Apache Spark.


13 posted on 02/01/2021 8:44:43 PM PST by Cronos
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To: Starcitizen

Amazon’s it workforce is about 25% Indian, not indian dominated


14 posted on 02/01/2021 8:47:19 PM PST by Cronos
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To: Phillyred

You really want to give up the internet, digital radio, smartphones, streaming services, advances in medical technology, reduction in global poverty from 70% in the 50s and 40% in the 80s to today’s 15%?


15 posted on 02/01/2021 8:49:23 PM PST by Cronos
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To: FlyingEagle

Vaporware? Databricks has been in use since 2013. And tye Apache Spark it is based on is even older.


16 posted on 02/01/2021 8:51:42 PM PST by Cronos
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To: Starcitizen

“All three Indian-dominated companies”.
Iranian CEO...


17 posted on 02/01/2021 11:56:02 PM PST by Does so (Joe Biden: "I don't know what I'm signing". Off-screen female: "Just sign it". SERF--PEON Party. )
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To: Cronos

You sure as hell can’t get hired in any Amazon tech roles unless you are Indian, other than maybe Lumberyard.


18 posted on 02/02/2021 12:30:19 AM PST by Starcitizen (Thank you to the Senate for passing S.386, turning the US into the third-world shithole of India. )
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To: Does so

Amazon, Google and Salesforce are sure as hell dominated by Indians, especially with these three traitorous companies opening up huge tech centers in India.


19 posted on 02/02/2021 12:32:24 AM PST by Starcitizen (Thank you to the Senate for passing S.386, turning the US into the third-world shithole of India. )
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To: Starcitizen

There are many Poles, Italians, Chinese and native born Americans I know working for Amazon in Seattle


20 posted on 02/02/2021 12:45:17 AM PST by Cronos
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