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ed_elliott_asc | 6 months ago

I can’t help feeling it is the first major misstep from databricks , they are raising the money for their hosted Postgres and ai platform.

Ai is not far away from dropping to the “trough of disillusionment” and I can’t see why databricks even needs Postgres.

Hopefully I’m wrong as I’m a big fan of databricks.

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benrutter|6 months ago

Definitely seem like bad investments from my perspective on databricks.

Databricks is great at offering a "distributed spark/kubernetes in a box" platform. But its AI integration is one of the least helpful I've experienced. It's very interuptive to a workflow, and very rarely offers genuinely useful help. Most users I've seen turn it off, something databricks must be aware of because they require admins permission for users to opt out of AI.

I don't mean to rant, there's lots that is useful in databricks, but it doesn't seem like this funding round is targeting any of that.

teleforce|6 months ago

>Most users I've seen turn it off, something databricks must be aware of because they require admins permission for users to opt out of AI.

This is a very worrying trend of having AI enabled by default that you cannot turn it off unless you're the admin.

ed_elliott_asc|6 months ago

Yeah doesn’t seem like core functionality

bayindirh|6 months ago

Everybody wants a pie in that AI bubble, whether it sticks or not, and that's a bad thing for companies' long term vision.

It might come down like the dotcom bubble like fallout when this thing bursts.

whalesalad|6 months ago

The first major misstep? Brother they already raised A, B, C, D, E, F, G, H and I. At what point do you end the suffering?

karmajunkie|6 months ago

My personal theory of startups starts with "Series F is for F*cked", I have no idea what it takes to get to a Series K...

alwahi|6 months ago

i don't think that it is possible to raise a 100 billion without name dropping ai in every sentence in every meeting you have with a potential investor....

quickthrowman|6 months ago

They are not raising $100B, they are raising money at a valuation of $100B.