Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth efforts. The company first disclosed the investment late last year when it ...

Microsoft’s Azure cloud platform suffered a broad multi-hour outage beginning on Monday evening, disrupting two critical layers of enterprise cloud operations. The outage, which lasted over 10 hours, ...

Bank Of America analyst Koji Ikeda reiterated the Buy rating on the stock, lowering the price forecast from $310 to $275. The analyst writes that investors debate whether product revenue can maintain ...

LONDON – On a more than typically busy Thursday morning in Soho, the gray December sky spat rain. Traffic was stop-and-go, but mainly stop. Even the sidewalks were congested. Finally, alongside the ...

Four months after its last funding round, Databricks Inc. today announced that it has closed an extremely late-stage investment worth more than $4 billion. The Series L round was jointly led by ...

If you want to know what’s causing climate change and how it affects where you live, don’t turn to the Environmental Protection Agency for answers. The government agency purged basic facts about ...

Microsoft is steadily broadening Azure's AI platform so developers have both richer building blocks for AI application development and more flexibility in where those applications can run. The effort ...

Snowflake Inc. (NYSE:SNOW) is one of the AI Stocks in Focus on Wall Street. On November 21, Oppenheimer maintained its “Outperform” rating on the stock with a $295.00 price target. The firm is ...

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Microsoft was hit with an outage affecting its Azure and 365 services hours before the company was scheduled to report quarterly results. "We are investigating an issue with the Azure Portal where ...

Microsoft beat on earnings and revenue for the fiscal first quarter. The company's Azure cloud business recorded growth of 40%. Microsoft shares, which closed at a record on Tuesday, slipped in ...