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Databricks now valued at over 2X Snowflake as software valuations come under scrutiny
Databricks raised $5 billion in a private round from Goldman Sachs, Glade Brook Capital, Morgan Stanley, Neuberger Berman, ...
The deal, which integrates OpenAI’s most advanced models directly into Snowflake’s data infrastructure, represents a significant tactical shift for both firms, signalling that the battle for ...
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Snowflake's $200M bet: Can the OpenAI deal fix the slump?
On the first trading day of February, Snowflake Inc. (NYSE: SNOW) announced a strategic move that many investors have been ...
Feb 2 (Reuters) - Snowflake said on Monday it has entered a $200 million partnership with OpenAI to integrate advanced ...
Snowflake faces intensifying competition, slowing growth, and a valuation nearly double its peers despite lower profitability and higher leverage. SNOW's revenue growth has decelerated to 28% while ...
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