Snowflake traded near flat as a bullish outlook on AI-driven demand faced growing competitive pressure amid valuation concerns.

Databricks’ acquisition of Tabular puts new pressure on competitors such as Snowflake and Confluent as cloud data management rises in importance as a technology necessary for AI initiatives. Last week ...

Snowflake and Databricks are surely similar companies. While each positions itself a bit differently, both provide data storage, processing and governance in a cloud context. Both are holding customer ...

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Snowflake's share price remains under pressure due to its ongoing growth deceleration and rising competition. In particular, Databricks is growing rapidly and trying to drive adoption of the data ...

Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.

As customers try to “get artificial intelligence right,” the need to rationalize siloed data becomes increasingly important. Data practitioners could put all their data eggs into a single platform ...

Databricks is prepared to go public "when the time is right," CEO and co-founder Ali Ghodsi told CNBC in an interview.

CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks is buying Tabular, a small startup that helps companies optimize data they store in ...

Data analytics software firm Sumo Logic Inc. today announced two new Snowflake Inc. and Databricks Inc. apps that give customers more robust visibility into their data pipeline and provide stronger ...