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Investor's Business Daily

Investor's Business Daily

Technology

Technology

Databricks, a maker of data analytics and data management software, is on Wall Street's radar

Investor's Business Daily
Summary
Nutrition label

79% Informative

Databricks, a maker of data analytics and data management software, is on a roll.

Software maker hasn't announced plans for an initial public offering yet and it might not happen in 2025 .

Competition has intensified with rival Snowflake and Palantir Technologies as they help companies make their proprietary data actionable in new ways.

Databricks acquired AI startup Mosaic for $1.3 billion in 2023 .

Buying Mosaic enabled the company to build its own LLM called DBRX .

The company has over 12,000 customers, including 500 that generate over $1 million in annual recurring revenue.

VR Score

83

Informative language

87

Neutral language

75

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

medium-lived

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