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AI Firm Databricks Closes in on $188 Billion Valuation This Summer

July 17, 2026
Databricks

Related Trends

Apple Demands Documents From Former Employees Now at OpenAI
Apple // July 17, 2026

Apple sent letters to about 40 former employees who now work at OpenAI, demanding that they preserve documents and communications and meet with Apple lawyers, the Financial Times reported Friday (July 17), citing unnamed sources. Get the Full Story Complete the form to unlock this...

PayPal Board Calls $53 Billion Stripe-Advent Bid Inadequate
Acquiring // July 17, 2026

PayPal’s board believes the $53 billion takeover offer from Stripe and Advent International offered on July 15 undervalues the company. According to a report from Reuters, the development could potentially open negotiations over price, deal structure and regulatory risk. Get the Full Story Complete the...

Instacart Acquires Arpalus to Move Intelligence In Store
Acquiring // July 16, 2026

Instacart has acquired computer vision company Arpalus and will use that firm’s shelf intelligence technology to improve the inventory accuracy of its own grocery platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

GameStop CEO Ryan Cohen Reaffirms Push to Buy EBay After Rejected Offer
Acquiring // July 16, 2026

GameStop CEO Ryan Cohen said Thursday (July 16) that the company continues to pursue an acquisition of eBay, Bloomberg reported Thursday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Interviews & Exclusives
POS Systems Become the New Nerve Center for SMB Operations

October 23, 2025
Small business owners are the backbone of local economies, sustaining communities one transaction at a time. They are often small teams, sometimes just a few people wearing many hats, balancing customer service, operations and accounting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]

Open Banking Shaken by Market-Regulation Clash

August 25, 2025
Open banking in the United States is in flux, characterized by fragmented private efforts and escalating bank-FinTech tension, while Europe evolves under regulation-driven market frameworks. Get the Full Story Complete...

CFPB HQ Shuts Down as Vought Freezes Enforcement

February 09, 2025
The Consumer Financial Protection Bureau’s (CFPB) new boss has put a hold on consumer protections. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Founder Interview: Behavioral Analytics Makes the ROI Case for Banks’ Scam-Fighting Efforts

November 20, 2024
The fraudsters come in droves, inundating would-be victims across all manner of attack vectors, from phishing scams to bots. And in the process there’s a significant amount of information being...

Quick Reads
AI Firm Databricks Closes in on $188 Billion Valuation This Summer

July 17, 2026
Databricks is raising a round of strategic funding at a $188 billion valuation and expects the round to close later this summer, the company said in a Thursday (July 16) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

Apple Demands Documents From Former Employees Now at OpenAI

July 17, 2026
Apple sent letters to about 40 former employees who now work at OpenAI, demanding that they preserve documents and communications and meet with Apple lawyers, the Financial Times reported Friday...

PayPal Board Calls $53 Billion Stripe-Advent Bid Inadequate

July 17, 2026
PayPal’s board believes the $53 billion takeover offer from Stripe and Advent International offered on July 15 undervalues the company. According to a report from Reuters, the development could potentially...

Instacart Acquires Arpalus to Move Intelligence In Store

July 16, 2026
Instacart has acquired computer vision company Arpalus and will use that firm’s shelf intelligence technology to improve the inventory accuracy of its own grocery platforms. Get the Full Story Complete the form to unlock this...