The DOJ is investigating Andreessen Horowitz for potential antitrust violations after partners took board seats at competing AI data firms Databricks and Fivetran, raising concerns under a century-old law banning interlocking directorates.
AI agent costs are set to surge fivefold by 2028 as enterprises rush to adopt the technology despite hidden expenses and unpredictable returns, with Gartner warning of an 'inference paradox' where efficiency gains actually drive higher spending, while Nvidia's $105 billion financing of OpenAI's Ohio data center highlights just how …
AI bubble fears intensify as the 'Tinker Bell problem' threatens to deflate the boom if public belief wavers, yet enterprise demand remains resilient with hyperscaler earnings and compute shortages signaling real underlying value despite viral cost myths and growing pressure for measurable ROI.
Only 15% of companies successfully scale AI agents despite widespread testing, as a new Deloitte survey exposes a critical gap between enterprise ambitions and real-world deployment, with legacy data systems, integration failures, and fragmented data blocking progress for the majority of businesses.
Databricks raises $5 billion in fresh funding, catapulting its valuation to $190 billion as the AI data powerhouse surpasses $7 billion in annual revenue run rate with over 80% year-over-year growth, fueled by explosive demand for AI agents and enterprise platforms.
Databricks surges to a $7B revenue run-rate with 80% year-over-year growth and closes a massive $5B funding round at a $190B valuation, as the company aggressively expands its AI agent infrastructure with Lakebase, Genie, and Unity AI Gateway.
OpenAI appoints Dali Rajic as its new Chief Revenue Officer, bringing leadership experience from Wiz, Zscaler, and AppDynamics to scale the company's revenue operations and drive global growth, as outgoing CRO Denise Dresser leaves behind a platform boasting over one billion weekly active users and two million business customers.
Databricks acquires Electric, the company behind PGlite, bringing full Postgres database power to phones, browsers, and AI agents via WebAssembly, enabling faster AI-assisted development on low-powered devices while syncing locally-run databases to enterprise cloud systems.
PGlite delivers a fully functional Postgres database directly in browsers and JavaScript runtimes as a tiny 3MB WASM package, supporting persistent storage, pgvector, PostGIS, and zero dependencies.
Microsoft is unveiling its next-generation Maia 300 AI chip as early as September, with over 300,000 units ordered from TSMC for 2027 delivery, as the tech giant makes a bold push to reduce its dependence on Nvidia's GPUs for Azure cloud AI workloads — and is already courting Anthropic as …