![[Databricks in Reuters] Databricks strikes deal to buy Panther Labs in cybersecurity push](https://blog.ourcrowd.com/wp-content/uploads/2024/12/images-1.png)
SAN FRANCISCO, June 16 (Reuters) – Databricks said on Tuesday it had agreed to buy startup Panther Labs, as the U.S. data analytics provider pushes deeper into the cybersecurity business. The acquisition, Databricks’ third in this area, furthers its aim to compete with security management incumbents like CrowdStrike (CRWD.O), opens new tab and Cisco’s (CSCO.O), opens new tab Splunk. Read...
Read MoreOver the last year, Elon Musk has jumped further into the artificial intelligence boom and refocused his rocket company, SpaceX, on building orbital data centers and manufacturing A.I. computer chips. On Tuesday, just four days after holding the largest initial public offering ever, SpaceX said it was completing a $60 billion deal to buy Cursor, a start-up that develops A.I. tools for writing computer code. Read...
Read MoreDatabricks has a unique role in the AI boom. Revenue continues to soar as businesses swarm to the company’s data analytics tools. But as clients rely on more AI agents to clean up data and ask questions, Databricks is enduring higher costs, leading to lower margins. Read...
Read MoreIQM co-founder & CEO Jan Goetz discusses the company’s decision to go public, and how the story of quantum computing is shifting from how powerful the technology is to whether companies are ready for it. Watch...
Read MoreSAN FRANCISCO & SOFIA, Bulgaria–(BUSINESS WIRE)–The EVERY Company (“EVERY”), a leader in highly functional egg proteins produced via precision fermentation, today announced a significant manufacturing expansion with its strategic partner, Huvepharma, a global pharmaceutical company with a focus on developing, manufacturing, and marketing human and animal health products. The agreement quadruples EVERY’s production capacity to meet high demand for its flagship product, OvoPro™, the world’s first commercially available egg protein made via fermentation. Read more...
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