Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push to strengthen its AI and data infrastructure capabilities. The announcement, made Tuesday, comes about a year after early rumors of the acquisition sent both companies’ stock prices sliding.
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Yesterday
Why this LA-based VC firm was an early investor in Slate Auto
Slate Auto, which came out of stealth mode earlier this year with a surprising – and surprisingly affordable – customizable electric truck, has raised $700 million to date. But long before the EV startup broke cover, it quietly raised a Series A round of more than $100 million in ... Show More
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Scaling Smart: AI, Data, and Building Future-Ready Enterprises with Josh Miramant (Ep. 276)
In this episode, we dive into the transformative world of AI, data analytics, and cloud infrastructure with Josh Miramant, CEO of Blue Orange Digital. As a seasoned entrepreneur with over $25 million raised across ventures and two successful exits, Josh shares invaluable insights ... Show More
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Instant Reaction: Alphabet Slides After Cloud Sales Fall Short
Google parent Alphabet posted fourth-quarter revenue that missed analysts’ expectations as growth in its cloud business slowed. The shares fell more than 8%. Sales, excluding partner payouts, were $81.6 billion, Alphabet said Tuesday in a statement. Analysts had projected $82.8 b ... Show More
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