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Snowflake Inc.

Nvidia cancels AI Summit in Tel Aviv following Hamas attack on Israel

by Ev Richard
Nvidia cancels AI Summit in Tel Aviv following Hamas attack on Israel

Nvidia CEO Jensen Huang wearing his usual leather jacket. Getty Nvidia canceled its AI conference in Tel Aviv next week due to safety concerns, as Israel ordered a siege of …

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Categories Technology

Nvidia and Capital One invest in Databricks at $43 billion valuation

by Ev Richard
Nvidia and Capital One invest in Databricks at  billion valuation

Ali Ghodsi, co-founder and CEO of Databricks. Databricks As some high-valued tech startups look to the long-dormant IPO market for their next funding round, Databricks is still finding investors that …

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Categories Technology

What hapened the first day of the anti-monopoly trial

by Ev Richard
What hapened the first day of the anti-monopoly trial

Jonathan Kanter, Assistant Attorney General for the Antitrust Division at the Department of Justice, arrives at federal court on September 12, 2023 in Washington, DC. Kevin Dietsch | Getty Images …

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Categories Technology

Instacart clarifies its Snowflake payments in updated IPO prospectus

by Ev Richard
Instacart clarifies its Snowflake payments in updated IPO prospectus

Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. CNBC Instacart filed an updated IPO prospectus Monday and clarified how its contract works with …

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Categories Technology

Instacart IPO filing fans controversy between Snowflake, Databricks

by Ev Richard
Instacart IPO filing fans controversy between Snowflake, Databricks

A banner for Snowflake Inc. is displayed at the New York Stock Exchange to celebrate the company’s initial public offering, Sept. 16, 2020. Brendan McDermid | Reuters Buried on page …

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Categories Technology

Tech IPOs are coming back — now they have to perform

by Ev Richard
Tech IPOs are coming back — now they have to perform

InstaCart employees fulfill orders for delivery Patrick T. Fallon | Bloomberg | Getty Images Tech investors last week finally heard utterance of their favorite three-letter acronym: IPO. It’s been 20 …

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Categories Technology

Instacart files to go public on Nasdaq to unfreeze tech IPO market

by Adrian Jhonsan
Instacart files to go public on Nasdaq to unfreeze tech IPO market

Fidji Simo, chief executive officer of Instacart Inc., speaks during an interview in San Francisco, California, on Thursday, March 3, 2022. David Paul Morris | Bloomberg | Getty Images Instacart, …

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Categories World

With AI stocks down, Jim Cramer says many not be worth the hype

by Adrian Jhonsan
With AI stocks down, Jim Cramer says many not be worth the hype

CNBC’s Jim Cramer on Monday turned his attention to companies that have been touting their use of generative artificial intelligence. With many of these stocks seeing losses, Cramer suspects that …

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Categories World

Datadog’s reduced revenue outlook causes cloud stocks to weaken

by Adrian Jhonsan
Datadog’s reduced revenue outlook causes cloud stocks to weaken

Cloud stocks are slipping on Tuesday, after one of the more prominent ones, Datadog, lowered its full-year revenue guidance as organizations remain engaged in cost-saving exercises. One cloud-oriented exchange-traded fund, …

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Categories World
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