Borrowing from ​the Fed ‌at year-end is also tied to ‍market forces, where an upward ⁠drift in money market rates can make it cheaper to borrow from the Fed compared to private sources. Most expect ...

Databricks is raising over $4 billion in Series L funding that would value the data-analytics and artificial-intelligence software company at $134 billion, an increase of 34% from its last funding ...

JOHANNESBURG—The South African Reserve Bank cut its main repo rate to 6.75% on Thursday, on the back of expectations for inflation to tick lower amid higher growth. The decision restarts a cutting ...

Nov 17 (Reuters) - Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information ...

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.

Analytics and AI software platform Databricks just made a $100 million bet on OpenAI. That’s how much it’ll be paying for a multi-year deal that will see OpenAI’s models incorporated into Databrick ...

In this post, we will show you how to add Repository Folders for File Explorer version control in Windows 11. When you create a repository on GitHub, it exists online as a remote repository. To work ...

NEW YORK >> U.S. banks borrowed a record $18.5 billion from the Federal Reserve’s Standing Repo Facility on Monday, the deadline for quarterly corporate tax payments and Treasury debt settlements, Fed ...

The Fed's Overnight Reverse Repo Facility (RRP) has plummeted from a $2.5T peak in late 2022 to just $22B, nearly empty. This dramatic decline signals a reversal of the pandemic-era excess liquidity ...

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Aug 22 (Reuters) - Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for ...