Tag: DataBricks

Why cloud adoption no longer gives banks an edge

Cloud computing has become a fixture of the financial markets operating model, but according to LSEG Data & Analytics, simply being in the cloud...

LSEG warns cloud adoption can fragment data controls

Financial institutions moving data workflows into the cloud may be creating new control problems, even as they solve old access issues. According to LSEG...

Databricks to raise strategic funding at $188bn valuation

Databricks, the Data and AI company, has revealed plans for a strategic funding round that values the business at $188bn. The company has already signed...

Addepar unveils ADX to unify investment data at scale

Addepar, a global data and AI platform for investment professionals, has launched Addepar Data Exchange (ADX), a managed data environment designed to help firms...

Why data infrastructure is the key to AI in finance

Artificial intelligence holds enormous promise for financial services, but delivering real value from AI strategies depends on something far more fundamental: the quality and...

How Delta Parquet is cutting data costs by 99.7%

Financial services firms are increasingly turning to Delta Parquet, an open-source, column-oriented file format designed to dramatically reduce the cost and time associated with...

Trent AI bags $13m to secure AI agents and workflows

Trent AI, an agentic security company focused on protecting AI-driven systems and autonomous workflows, has emerged from stealth with the announcement of a $13m...

LSEG and Databricks join forces on AI-ready data

LSEG has announced a strategic partnership with Databricks to make its financial data natively available on the Databricks platform. The move will enable financial institutions...

Databricks secures $1bn funding at $100bn valuation

Databricks, the San Francisco-headquartered data and AI company, has announced it has secured fresh investment while reporting major growth milestones across its business. The firm...

Databricks secures Series K at $100bn+ valuation

Databricks, the San Francisco-headquartered Data and AI company, has confirmed it is raising a Series K investment round that values the firm at more than $100bn.

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