Databricks Ventures News Today

This initiative aims to support the next wave of startups developing and implementing innovative AI solutions for the enterprise world.

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Venture capital investors at Fortune's recent Brainstorm Health summit gave a tough, but encouraging prognosis for health tech startups.

The corporate VC fund has already backed 25 AI and data startups.

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Index Ventures is leading the funding round for Adaptive, whose tech makes it easier for company's to tune AI models.

Index Ventures is leading the investment into Adaptive, whose founding team previously built the popular Falcon AI models

Glean, a sort of ChatGPT competitor aimed at enterprise customers, has raised $200M at a $2.2 billion valuation.

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

GenAI has its issues. Launched by Arvind Jain, the co-founder of cloud data management company Rubrik, Glean was inspired by Jain's observations that Rubrik employees often struggled to find the information they needed to do their jobs -- and that staffers at other companies were struggling with the same. "I saw that engineers were spending too much time outside code, account managers couldn’t find the latest research or presentation needed to close deals, new employees took t...