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Databricks buys Neon for $1B, Plus Coreweave’s first quarterly report 5/14/25

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Databricks Prefers Private Equity Deals

  • Databricks CEO Ali Gotsu shared they prefer acquisitions to be part of a long-term private company strategy.
  • Investors and the acquired Neon team preferred equity in Databricks over cash, signaling strong private market confidence.
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