Databricks just acquired open source-focused data manager Tabular. Though we don’t know the exact contours of the deal, we know it’s north of $1 billion, making it the company’s second billion-dollar deal within 12 months.
In an interview in advance of Snowflake’s annual summit in San Francisco, Snowflake CEO Sridhar Ramaswamy said that AI now “pervades everything that is happening in Snowflake.”
Wall Street sees only modest upside in Nvidia, but analysts are projecting significant gains for Snowflake shareholders.