Snowflake

Snowflake releases a flagship generative AI model of its own

All-around, highly generalizable generative AI models were the name of the game once, and they arguably still are. But increasingly, as cloud vendors large and small join the generative AI fray, we&#8

Observe, the data observability platform, raises $115M with Snowflake investing

Enterprises today store and use data across an ever-growing number of applications and locations, making it challenging — if not impossible — to manage and query that data in a holistic wa

With backing from NATO Innovation Fund, OTB Ventures will invest $185M into European deep tech

OTB Ventures' new $185 million fund for deep tech in Europe will mostly be deployed at the Series A stage; but up to 10% could be allocated to seed funding, and more than 50% to follow-on investments.

Databricks keeps marching forward with $1.6B in revenue

While the world waits for Databricks to IPO, the data lakehouse company just keeps raking in the dough, reporting $1.6 billion over the last year.

Snowflake CEO Frank Slootman stepping down — and Wall St hates it

Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake. The company stock price has p

Snowflake goes all in on data clean rooms with Samooha acquisition

Snowflake is buying Samooha, a startup developing a “cross-cloud” data collaboration suite, the companies announced this morning — adding to the list of big tech acquisitions leading

Good news, startups: Q3 software results are changing the tech narrative

New data from Salesforce, Zuora, Okta, Nutanix and Snowflake makes it plain that several tech sectors are doing better than a lot of people expected.

Snowflake brings together developer and analyst needs in new GenAI tool

Companies use Snowflake to store their data in the cloud. With the ever-growing interest in generative AI and large language models, customers are looking for ways to get started with the technology q

Databricks raises $500M more, boosting valuation to $43B despite late-stage gloom

Data analytics and AI software maker Databricks has raised a Series I round worth more than $500 million, earning a valuation of $43 billion. This round sticks out, particularly as many late-stage sta

Snowstorm raises seed to keep the internet free

Created to ensure open and free access to the internet, Snowflake saw a huge uptick in users during the start of the Ukraine War — and has grown even more since then. Started as an open source p

Is ChatGPT the iBeer of LLM’s?

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show where we niche down to a single top

Snowflake and Databricks are putting the data stored in their services to work

Snowflake and Databricks are on similar tracks, and both announced tools to help customers put stored data stored to work in AI apps.

Snowflake-Nvidia partnership could make it easier to build generative AI applications

Snowflake has always been about storing large amounts of unstructured data in the cloud. With two recent acquisitions, Neeva and Streamlit, it will make it easier to search and build applications on t

Snowflake acquires Neeva to bring intelligent search to its cloud data management solution

Snowflake is all about managing data in the cloud, whether as part of a structured data warehouse, or less structured data lake. Neeva, a search startup from two former Google employees, has been all

DataOps.live gets $17.5M from Snowflake, others for DevOps-style tools aimed at data experts

DevOps has changed the game for how developers build, deploy, update and monitor applications across their network. Now, an eponymous startup called DataOps.live — which has built a DataOps plat

Sequoia reveals in filing how much is sitting in its Sequoia Capital Fund (and yes, it’s a lot)

Almost a year ago to the day, the 50-year-old investing powerhouse Sequoia Capital announced that it had reorganized itself around a singular, permanent structure: The Sequoia Capital Fund. Now, thank

Daily Crunch: Adobe snaps up Figma in proposed $20B deal that has some scratching their heads

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Salesforce, Snowflake partnership moves customer data in real time across systems

Salesforce is the best selling CRM in the world, and Snowflake is one of the top cloud data lakes. The latter lets customers store and manage massive amounts of unstructured data. When you mix the two

Bluesky built cost guardrails to help cut Snowflake data spend

Snowflake has a revenue model that investors have to love, but big customers, not so much. That’s because it’s based on a consumption model where the more you use, the more you pay — and whe

Tecton raises $100M, proving that the MLOps market is still hot

Machine learning can provide companies with a competitive advantage by using the data they’re collecting — for example, purchasing patterns — to generate predictions that power reven
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