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Category: Big Data

DeepSeek Chatbot Beats OpenAI on App Store Leaderboard

The Chinese firm said training the model cost just $5.6 million. Alibaba Cloud followed with a new generative AI model, while Microsoft alleges DeepSeek ‘distilled’ OpenAI’s work.

Databricks raises $10B as it barrels toward an IPO

Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, DST Global, GIC, and Iconiq Growth. The round is one of the largest venture rounds in history, and will drive future future mergers and acquisitions,…

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