Workflow
data management software
icon
Search documents
Benioff says he's 'inspired' by Palantir, but takes another jab at its prices
CNBC· 2025-09-12 20:53
Marc Benioff is keeping an eye on Palantir.The co-founder and CEO of sales and customer service management software company Salesforce is well aware that investors are betting big on Palantir, which offers data management software to businesses and government agencies."Oh my gosh. I am so inspired by that company," Benioff told CNBC's Morgan Brennan in a Tuesday interview at Goldman Sachs' Communacopia+Technology conference in San Francisco. "I mean, not just because they have 100 times, you know, multiple ...
Rubrik agrees to buy AI startup Predibase for over $100 million
CNBC· 2025-06-25 11:00
Company Overview - Rubrik, a cybersecurity software company backed by Microsoft, is acquiring Predibase, a startup focused on AI model deployment [1][3] - The acquisition is part of Rubrik's strategy to enter the rapidly growing AI market [3][4] - Rubrik has achieved over $1 billion in annualized revenue by providing data backup solutions for clients [4][7] Acquisition Details - The financial terms of the deal are not publicly disclosed, but estimates suggest Rubrik will pay between $100 million and $500 million for Predibase [2] - Predibase will operate as a separate unit post-acquisition, continuing to support customers in connecting data from various third-party systems [6] Market Context - The AI market is experiencing significant growth, with cloud infrastructure providers generating billions from services related to AI model training [3] - Companies like Anthropic and OpenAI are rapidly expanding by offering subscription-based chatbot services, indicating a strong demand for AI tools [3] Predibase Background - Founded in 2021, Predibase has received over $28 million in investments from venture firms and has notable clients including Checkr, Marsh McLennan, and Qualcomm [5] - The startup employs 25 people and was co-founded by individuals with prior experience in AI tools at Uber [5]