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12%  
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  • Amazon, Alphabet and Salesforce are all investing in a $28 billion company that crunches big data

    02/01/2021 1:26:59 PM PST · by Cronos · 25 replies
    Cnbc ^ | 1 February 2021 | Jordan novet
    Databricks' software helps companies prepare data for analysis and artificial intelligence models.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...