Navigating the complex decision of when to sell a startup or keep pushing forward is one of the toughest challenges founders face. In an era where IPOs are frequently delayed and acquisition offers arrive earlier, determining the right moment to either cash out or stay independent is increasingly nuanced. We’re excited to welcome three distinguished […]
Databricks acquires Tabular to build a common data lakehouse standard
Databricks, the analytics and AI giant, has acquired data management company Tabular for an undisclosed sum. (CNBC reports that Databricks payed over $ 1 billion.) According to Tabular co-founder Ryan Blue, he and Tabular’s other two co-founders, Daniel Weeks and Jason Reid, will be joining Databricks in some capacity. There, they’ll work to unify Tabular’s […]
Databricks’ GPT rival and who’s investing in “underdog” founders
Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday episode, in which we dig through the most critical stories and themes from the week. As the week comes to a close, we’re also shutting the book on the trial […]
Databricks spent $10M on new DBRX generative AI model, but it can’t beat GPT-4
If you wanted to raise the profile of your major tech company and had $ 10 million to spend, how would you spend it? On a Super Bowl ad? An F1 sponsorship? You could spend it training a generative AI model. While not marketing in the traditional sense, generative models are attention grabbers — and […]