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Stockreport

Databricks AI Chief to Exit, Launch a New Computer Startup [Yahoo! Finance]

Intel Corporation (INTC)  More Company Research Source: Yahoo! Finance
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
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 [Read more]

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Stockreport

Databricks AI Chief to Exit, Launch a New Computer Startup [Yahoo! Finance]

Intel Corporation  (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
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 [Read more]

IMPACT SNAPSHOT
EVENT TIME:
INTC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS