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WHTop → 📋 News → Databricks Lines Up New Funding at a $188 Billion Valuation
Databricks Lines Up New Funding at a $188 Billion Valuation
📅 - Databricks has signed a term sheet for fresh strategic financing that would value the data infrastructure company at $188 billion, with Coatue leading the round. The deal, expected to close later this summer, gives Databricks more capital for AI products, acquisitions and research - while raising fresh questions about valuation discipline and enterprise demand at that price.
The company is not disclosing the size of the round, which limits any serious assessment of dilution, runway or how much strategic influence participating investors may gain. What is visible is the destination of the money. Databricks plans to expand Unity AI Gateway, its control layer for model access and spending, [...][... Check source for end of article ...]
📅 - Taiwan Manufacturers Use AI to Accelerate Production of NVIDIA AI Servers - Taiwanese manufacturers are using AI to compress production times for Nvidia's next-generation servers, turning factory automation into a direct answer to surging infrastructure demand. Foxconn says it can produce a Vera Rubin server tray every minute, while assembly and inspection processes are also accelerating as suppliers race to deliver increasingly complex AI systems at commercial scale globally.
The development matters because AI server availability is shaped by more than access to Nvidia accelerators. Processor trays must be assembled with networking, power, cooling and data-management components, then tested as part of increasingly dense rack-scale systems. Each manufacturing [...]
📅 - NetApp Buys DataPelago to Bring AI Processing Closer to Data - NetApp is buying AI infrastructure startup DataPelago in a move that reflects a growing realization across enterprise IT: expensive GPUs are not the only constraint slowing AI adoption. Data movement has become just as problematic. By bringing accelerated processing closer to where enterprise data already resides, NetApp is attempting to remove one of the largest operational barriers separating AI experimentation from production deployment.
The acquisition adds DataPelago's software to NetApp's intelligent data infrastructure portfolio, extending the storage company's ambitions well beyond traditional file and object storage. Rather than treating storage as passive infrastructure feeding [...]
📅 - Raritan KVM Overhaul Adds APIs, Security and Remote Recovery - Remote infrastructure management rarely attracts much attention until systems stop responding. Then it becomes one of the few remaining ways into an environment. Legrand's latest KVM-over-IP platform reflects that reality, adding automation, stronger hardware security and higher performance as enterprises increasingly prepare for outages, ransomware incidents and geographically distributed operations across critical infrastructure today.
Keyboard, Video and Mouse technology occupies an unusual place inside enterprise infrastructure. It is rarely discussed during cloud transformation projects, almost invisible in software-defined infrastructure conversations, and generally absent from [...]
📅 - IBM CEO Says Internal Execution Failures Drove Q2 Shortfall - IBM CEO Arvind Krishna has blamed the company's second-quarter shortfall on execution failures inside IBM, saying teams reacted too slowly as customers redirected spending and delayed transactions. The admission is unusually direct for a technology incumbent and shifts attention from macroeconomic excuses toward sales discipline, account management and IBM's ability to respond when enterprise buying patterns change.
Krishna did cite external disruption. Customers moved capital toward servers, storage and memory during the final weeks of June, apparently trying to secure constrained equipment before anticipated price increases. Cybersecurity concerns also consumed management attention [...]
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