Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’
Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion ...
The Edge Singapore5h
Singapore’s three banks to remain in climate alliance despite US peers’ exit
Goldman Sachs, Morgan Stanley, JPMorgan Chase & Co, Wells Fargo & Co, Citigroup and Bank of America — have pulled out of the ...
Meta backs data analytics firm Databricks as AI boom attracts investors
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the ...
Databricks accumulates $15B through funding; Meta joins as investor
Databricks, a competitor for data cloud platforms such as Snowflake, has raised $15B through recent funding and debt ...
Morgan Stanley boosts senior Asia banker bonuses up 40%
Morgan Stanley is raising bonuses for some of its top investment bankers in Asia by as much as 40% this year after a jump in ...
What the Big Banks Are Up To
In this podcast, Motley Fool contributor Matt Frankel and host Mary Long break down big bank earnings. They also discuss: Why ...
Databricks Announces $15B in Financing to Attract Top AI Talent and Accelerate Global Expansion
Databricks, the Data and AI company, today announced the final closing of its Series J funding. Existing investor QIA, the sovereign wealth fund of the State of Qatar, along with new investors ...
Wall Street’s Biggest Banks' Long-Term Bond Supply Reaches Highest Level Since 2021
Banks are known to throw an avalanche of debt at investors after their earnings. This time the issuance trend looks particularly interesting. The amount of long-term bonds, expiring in about 20 to 30 ...
Hosted on MSN11h
Core Inflation Eases in December, Here’s Where the Fed Rate-Cut Odds Stand
This article was originally published on WealthyVC.com. Core inflation in the US cooled more than expected in December, ...
Scotiabank joins Wall Street-led exit of bankers’ climate club
Bank of Nova Scotia is the latest major bank to walk away from the industry’s biggest climate-finance alliance, following a ...
Monitordaily7h
TD Bank Accelerates CEO Transition, Renews Board, Adjusts Executive Compensation
TD Bank Group appointed Chun president and CEO, renewed its board and adjusted executive compensation to reflect the ...
Morgan Stanley Says Emerging Software Cycles Will Drive 2025 Growth — Here Are 3 Stocks to Bank on It
It’s been just over two years since ChatGPT introduced the world to the capabilities – and the potential – of generative AI.