AUSTIN – Sverica Capital Management LP said on Thursday it has sold its Fund V portfolio company, Coastal Cloud Holdings LLC, to Tata Consultancy Services Ltd (TCS) in a deal valued at $700 million. The transaction marks the end of a five-year partnership between Sverica and Coastal, during which the Florida-based consultancy quadrupled in size…
NEW YORK: The S&P 500 climbed to a fresh intraday record Thursday as investors digested Nvidia’s latest earnings report, which reinforced enthusiasm for artificial intelligence and lifted sentiment across the broader market. The benchmark index rose 0.2%, while the tech-heavy Nasdaq Composite gained 0.5%. The Dow Jones Industrial Average hovered near the flatline. Nvidia, which…
LOS ANGELES: Diskover, a leader in helping enterprises manage unstructured data at exabyte scale, announced Tuesday a series of major milestones: closing a $7.5 million seed funding round, forming partnerships with Snowflake and NetApp — both of which are now investors — and acquiring data intelligence platform CloudSoda. The moves mark a significant expansion for Diskover,…
Salesforce has initiated Dreamforce with significant partner announcements, unveiling plans for bi-directional data sharing with Databricks and Snowflake. Salesforce, led by Marc Benioff, is expanding its Salesforce Data Cloud to enable real-time data integration with Databricks’ data lakehouse platform. This move will empower joint customers to enhance datasets and develop more advanced models to tackle…
LONDON, UK: Insig AI plc (AIM: INSG), the data science and machine learning group, has signed a data share partnership agreement with Snowflake Inc, the NASDAQ listed cloud based data warehousing company. Insig AI’s data products are now available via the Snowflake data marketplace. Snowflake’s users consist of data scientists, quant researchers and data engineers….
SAN MATEO: Snowflake, creator of the Data Cloud, announced its first-ever global Startup Challenge. The Startup Challenge invites early stage organizations that are building applications in the Snowflake Data Cloud to showcase their innovations via online submission, for a chance to be one of three finalists that will pitch to an audience of judges at…
PLANO: NTT DATA Services announced the addition of two new data partners, Dataiku and Snowflake, the cloud data platform, to its robust partner ecosystem. Together the companies will accelerate their clients’ digital transformation journeys and establish a trusted data foundation to operationalize and scale Artificial Intelligence (AI). In addition, NTT DATA and Snowflake announced a…