Storage News Ticker - 13 April
Amazon DynamoDB now supports real-time vector search at any scale, allowing users to store vector embeddings alongside operational data and run similarity searches with single-digit millisecond latenc…
Amazon DynamoDB now supports real-time vector search at any scale, allowing users to store vector embeddings alongside operational data and run similarity searches with single-digit millisecond latenc…
Databricks announced it crossed $7 billion in revenue run-rate, growing over 80% year over year in Q2, and raised $5 billion in its latest fundraise. The company reported $100 million+ revenue run-rat…
Databricks closed a funding round at a $188 billion valuation, led by Coatue Management with roughly $3 billion invested, nearly tripling its valuation from $62 billion in late 2024. The company repor…
Databricks closed a $5 billion funding round at a $190 billion valuation, capitalizing on the agentic AI wave. The company, a data and AI platform provider, will use the funds to accelerate innovation…
Databricks raised $5 billion at a $190 billion valuation, with CEO Ali Ghodsi claiming that AGI has already arrived, but the key to unlocking its potential lies in context that models currently lack.…
Databricks is acquiring Electric, a startup that provides WebAssembly-based Postgres databases for application environments, for an undisclosed sum, to enable developers to run data closer to AI agent…
Microsoft's Fabric IQ workload introduces Ontology, a feature in public preview that gives data a shared business meaning by defining concepts and relationships independent of physical data storage. T…
XAI and Databricks announced a partnership on June 18 at the 2026 Data + AI Summit to integrate Grok models natively into Databricks' Agent Bricks platform, targeting enterprise document understanding…
Samsara (NYSE: IOT) is hiring a Finance & Strategy AI Engineer in San Francisco with a salary range of $146k–246k per year, on-site. The role involves leading the development of Finance's data foundat…
Databricks re-architected its network configuration delivery for serverless VMs, cutting RPC latency by 97.5% from 5,000ms to 125ms and raising server success rate to 99.99% from 99.8%, serving billio…
A major Canadian freight railroad spanning roughly 20,000 route miles and moving over C$250 billion in goods annually used Databricks' Genie Code, Unity Catalog, custom Agent Skills, and a Streamlit a…
A developer tested Databricks' FILE column type against files on Amazon FSx for ONTAP via S3 Access Points, finding that registration works but reads fail. The zero-copy approach is not viable; FILE E…
Nvidia and six financial partners are creating a $500 billion investment pool to help customers, including frontier AI labs and AI clouds, buy its chips on credit. The company also open-sourced its cu…
Databricks has acquired Electric, the developer of PGLite and the Electric Sync Engine, to bring distributed state and real-time data synchronization to AI agent teams, extending its Postgres capabili…
Only 5% of enterprises say their data is ready for AI, according to a recent survey, and the real number may be even lower, warns data expert and former BI consultant. In the AI era, data quality issu…
Electric, the open-source sync engine, is joining Databricks to integrate its data primitives and reactivity into Lakebase, aiming to make it the best platform for building apps and agents. The compan…
IFood, Latin America's leading food delivery platform with over 80% market share in Brazil, built its agentic security platform on ClickHouse Cloud, achieving 9–16x faster queries at 40–50% of the cos…
CoreWeave shares surged about 14% in after-hours trading Tuesday after the AI cloud provider reported record second-quarter revenue of $2.575 billion, up 112% year-over-year, and a revenue backlog of …
Databricks has open-sourced Metals v2, a Java and Scala language server designed for multi-million line codebases, enabling lightweight editors like Cursor, VS Code, and Neovim to handle large JVM mon…
Meta returned to open weights with Muse Glimmer, an Apache-2.0 30B model that reportedly matches a 1T-parameter peer and runs on a single GPU at full context, but its intelligence score of 953 Elo hid…