Databricks says it’s signing up more big customers, and existing clients are spending more.
Category: Technology
Oracle stock pops 13% on AI demand, new deals with Google and OpenAI
Oracle shares popped Wednesday, a day after the company released fourth-quarter results.
Larry Ellison is $19 billion richer after Oracle shares rally the most since 2021
Larry Ellison’s 42% stake in Oracle has made him one of the richest people in the world, and his value continues going up as stock shares hit a record.
Broadcom beats earnings estimates, announces 10-for-1 stock split
Broadcom announced a 10-for-1 stock split and beat earnings estimates for the second fiscal quarter.
Apple briefly surpasses Microsoft as world’s most valuable company after unveiling AI plans
Apple reclaimed the title of the world’s largest company by market cap after an artificial intelligence-heavy conference sparked investor enthusiasm.
Elon Musk drops suit against OpenAI and Sam Altman
Elon Musk withdrew his lawsuit against OpenAI, Sam Altman and Greg Brockman on Tuesday in California state court.
WeWork emerges from bankruptcy, announces John Santora as new CEO
WeWork, once valued at $47 billion by private investors, emerged from bankruptcy on Tuesday with a new CEO from Cushman & Wakefield.
Oracle shares jump on Google and OpenAI deals despite earnings miss
Oracle is allocating capital for data center construction to meet demand from OpenAI, and it’s bringing its trademark database to other public clouds.
AI is getting very popular among students and teachers, very quickly
New research from a poll of students, teachers and parents conducted for the Walton Foundation finds the popularity and use of AI in education rising rapidly.
OpenAI ex-employees worry about company’s control over their millions of dollars in shares
OpenAI has plans to regularly allow employees to sell some of their equity, but ex-staffers worry they won’t receive equal treatment.