Linqto News: Thrive Capital Eyes $1 Billion Stake In Databricks

Linqto Unicorn News - November 15, 2024

Thrive Capital is in discussions to acquire a $1 billion stake in Databricks, potentially valuing the analytics software company at $55 billion. This move follows Databricks' recent acquisition of Tabular and expanded collaboration with Nvidia, highlighting its growing influence in data and AI optimization.

Sources
https://finance.yahoo.com/news/thrive-capital-talks-acquire-1bn-093937071.html

Outline
(00:00:00) Introduction
(00:00:28) Thrive Capital in talks to acquire $1bn worth stake in Databricks

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