Data analytics startup Databricks said Wednesday that it is buying Neon, a cloud-based database software vendor, for about $1 billion. It is the latest big deal for Databricks, which bought artificial ...

The $400 million round was led by Dragoneer.

Bloomberg’s sources said that the financing was provided by private credit lenders and broadly syndicated loan investors.

Databricks is in the process of closing a fresh round at a $100 billion valuation, sources confirmed to TechCrunch. The round was originally reported by the Wall Street Journal. A source familiar with ...

As for the AI bubble, it is coming up for conversation because it is now having a material effect on the economy at large. Some accounts estimate that AI is driving 90% of US GDP growth, while others ...

Data analytics startup Databricks said Wednesday that it is buying Neon, a cloud-based database software vendor, for about $1 billion. Stream San Diego News for free, 24/7, wherever you are with NBC 7 ...