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Databricks AI Chief to Exit, Launch a New Computer Startup [Yahoo! Finance]
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startup Databricks Inc., is planning to leave his position to launch a new venture making a novel type of computer, according to a person familiar with the matter. A spokesperson for Databricks confirmed that Rao is transitioning to an advisory role at the company, and said that Databricks is planning to invest in his new startup. The spokesperson declined to disclose the size of the investment. Most Read from Bloomberg New York City's Transit Woes Worsen With Aging Subway Fleet NYC Ferry Sees Record Ridership as System Eyes New Routes NY's LIRR Plans to Run Free Bus Service If Workers Strike Santa Monica Declares Fiscal Distress Amid Abuse Settlements Yesterday's Schools of Tomorrow Face the Future Naveen RaoPhotographer: Angel Garcia/Bloomberg Rao has also held early talks with other investors about backing the new company, which would focus on building a next-generation computer to address the rising costs of AI computing power, said the person familiar with the c
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