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🚨Databricks is on track to raise a record $9.5+ billion round at $60B valuation
Databricks is nearing completion of a $9.5 billion funding round at a valuation of $60 billion, which includes a secondary sale for employees. This marks an increase from a previous report just 17 days ago, which noted an $8 billion deal and a $55 billion valuation. Thrive Capital is leading the investment, joined by returning investors such as Andreessen Horowitz, Insight Partners, and GIC.
This funding round surpasses OpenAI's record $6.6 billion raise from October. Additionally, Databricks may take on $4.5 billion in debt as part of the deal. Despite the large figures, venture capitalists view the $92.50 per share price as a bargain, especially compared to Databricks' main competitor, Snowflake, which has a market cap of around $56 billion.
🚨Databricks is on track to raise a record $9.5+ billion round at $60B valuation
Databricks is nearing completion of a $9.5 billion funding round at a valuation of $60 billion, which includes a secondary sale for employees. This marks an increase from a previous report just 17 days ago, which noted an $8 billion deal and a $55 billion valuation. Thrive Capital is leading the investment, joined by returning investors such as Andreessen Horowitz, Insight Partners, and GIC.
This funding round surpasses OpenAI's record $6.6 billion raise from October. Additionally, Databricks may take on $4.5 billion in debt as part of the deal. Despite the large figures, venture capitalists view the $92.50 per share price as a bargain, especially compared to Databricks' main competitor, Snowflake, which has a market cap of around $56 billion.
A leaked Telegram discussion by 50 so-called crypto influencers has exposed the extraordinary steps they take in order to profit on the back off unsuspecting defi investors. According to a leaked screenshot of the chat, an elaborate plan to defraud defi investors using the worthless “$Few” tokens had been hatched. $Few tokens would be airdropped to some of the influencers who in turn promoted these to unsuspecting followers on Twitter.
Can I mute a Telegram group?
In recent times, Telegram has gained a lot of popularity because of the controversy over WhatsApp’s new privacy policy. In January 2021, Telegram was the most downloaded app worldwide and crossed 500 million monthly active users. And with so many active users on the app, people might get messages in bulk from a group or a channel that can be a little irritating. So to get rid of the same, you can mute groups, chats, and channels on Telegram just like WhatsApp. You can mute notifications for one hour, eight hours, or two days, or you can disable notifications forever.
