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Oct 23, 2019
10/19
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BLOOMBERG
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coming up, he is the man ben horowitz of andreessen horowitz calls the best ceo he has ever worked withill hear from the chief executive of an a.i. startup. that is next. this is bloomberg. ♪ taylor: this is "bloomberg technology." i'm taylor riggs in san francisco. a.i.-based startup databricks is raking in the investment. just eight months after securing $250 million in funding, it is adding another cool $400 million from backers such as microsoft and andreessen horowitz. along with that, a new valuation of more than $6 billion and that is more than double its price tag in february. to tell me more about this investment as well as how databricks uses a.i. to help companies organize their data, it is ceo ali ghodsi. thank you for joining me. walk me through your business model. ali: the way companies solve the world's toughest problems using data. we take massive amounts of data and do machine learning on it. we do that in the cloud. customers rent our service in the cloud from us and they pay us by the hour. taylor: congratulations on the funding. what are you using this for? ali: we
coming up, he is the man ben horowitz of andreessen horowitz calls the best ceo he has ever worked withill hear from the chief executive of an a.i. startup. that is next. this is bloomberg. ♪ taylor: this is "bloomberg technology." i'm taylor riggs in san francisco. a.i.-based startup databricks is raking in the investment. just eight months after securing $250 million in funding, it is adding another cool $400 million from backers such as microsoft and andreessen horowitz. along...
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the white fleet andreessen still is not in historic paddle steamers. these days the ship starts v in steams along the saxon wine route. one last look at greece and skyline. and then it gets rustic. after about an hour i go ashore in about a boy the city is the center of the sex and wine route. it is one of the smallest and northern most wine growing areas in germany the steep slopes the small palaces and the dry stone walls that's what the region is known for most of the wine produced here is served and consumed locally. the boldest winery in saxony is the whole flue snoots it used to belong to the saxon electors and the most famous of them is the strong is said to have celebrated a lavish wine dollars here today organic wines are produced on the hoof lose notes which you can taste on the terrace. time for a 1st class and the 1st set. a lot of you have already prepared something what do we drink. this welcome drop is a trim ina what is that this is a wine grape that's been grown here for centuries to the best of health. you can only offer organic why w
the white fleet andreessen still is not in historic paddle steamers. these days the ship starts v in steams along the saxon wine route. one last look at greece and skyline. and then it gets rustic. after about an hour i go ashore in about a boy the city is the center of the sex and wine route. it is one of the smallest and northern most wine growing areas in germany the steep slopes the small palaces and the dry stone walls that's what the region is known for most of the wine produced here is...
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28
Oct 22, 2019
10/19
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BLOOMBERG
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$250 million in funding, it is adding another cool $400 million from backers such as microsoft and andreessenz's. along with that, a new valuation of more than $6 billion and that is more than double its price tag in february. to tell me more about this investment as well as how databricks uses ai to help companies organize their data, it is the ceo. thank you for joining me. walk me through your business model. guest: the way companies solve the world's toughest problems using data. we take massive amounts of data and do machine learning on it. we do that in the cloud. customers rent our service in the cloud from us and they pay us by the hour. taylor: congratulations on the funding. what are you using this for? guest: we will invest over $100 million on the european center. we have massive demand for our service over the last year or two. we will invest it back in rnd and looking at over the next three years investing in all these open-source projects. dedicated teams for each of these in europe. taylor: why is there more demand in europe right now? ali: the demand is worldwide everywhere.
$250 million in funding, it is adding another cool $400 million from backers such as microsoft and andreessenz's. along with that, a new valuation of more than $6 billion and that is more than double its price tag in february. to tell me more about this investment as well as how databricks uses ai to help companies organize their data, it is the ceo. thank you for joining me. walk me through your business model. guest: the way companies solve the world's toughest problems using data. we take...