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-0.000207749693096963 -0.000668891057319957 -0.00131889577890391 -0.000236079196701151 -0.00141647518020708 -0.00396613050457991 -0.00262834838993981 -0.00330510875381647
Stock impact report

Databricks CEO Ali Ghodsi on where AI is most bubbly, and how the company settled on its $134 billion valuation [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
“I'm a little bit worried,” he said. “There's definitely too much of everybody doing the same thing in general…It's kind of like watching kids play soccer—all of them run towards the same ball. Then, there's a big collision in the middle, somebody kicks the ball somewhere else—and then all of them run that way.” Ghodsi and Databricks, in many ways, stand near the top of the AI heap. The company was founded in 2013, and has since raised billions in venture backing as it becomes a stalwart data, analytics, and AI platform. A favorite among enterprises, the company's footprint is astonishing: In Q3, Databricks said it surpassed a $4.8 billion annual revenue run-rate, marking year-over-year growth of 55%. Databricks announced that revenue figure with another key piece of financial news on Tuesday: that it had raised north of $4 billion—at a $134 billion valuation—for its Series L. And yes, that's pretty darn far into the alphabet, a testament to how much financial infrastructure now Show less Read more
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