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Databricks now valued at over 2X Snowflake as software valuations come under scrutiny

Databricks raised $5 billion in a private round from Goldman Sachs, Glade Brook Capital, Morgan Stanley, Neuberger Berman, ...

Snowflake Faces Rising Competition From Hyperscalers, Databricks

Snowflake traded near flat as a bullish outlook on AI-driven demand faced growing competitive pressure amid valuation ...