63. Snowflake Databricks Olympics, GenAI ROI Questions, Perplexity Review

theCUBE Podcast

In this week’s episode of theCUBE Pod, industry analysts John Furrier and Dave Vellante delve into the fierce competition between Snowflake and Databricks, focusing on their distinct strategies and market positions. Vellante highlights Databricks' faster growth and its cleaner revenue model, contrasting it with Snowflake's integration of AWS revenue.New episodes every Friday. Subscribe for weekly tech analysis.
Spotify: https://lnkd.in/ge_TNsSX
Apple Podcasts: https://lnkd.in/gGYj5sUQ
YouTube: https://lnkd.in/g5NaFcRuTheir discussion also explores the open-source strategies of both companies, with Snowflake's Polaris Catalog and Databricks' acquisition of Tabular. The conversation shifts to the future of generative AI, noting the significant investments and emerging use cases shaping the industry. Tune in to the latest episode for an in-depth analysis of these tech giants and the evolving AI landscape.Read more about the current episode of theCUBE Pod https://siliconangle.com/2024/06/17/snowflake-vs-databricks-thecubepod/This Week in Enterprise:AI everywhere: Apple finally makes a splash, the data wars intensify and the big bucks still keep rolling inIt wasn’t exactly on the scale of the introduction of the iPhone or even the iPod, but Apple this week managed to make a credible splash in artificial intelligence.Much of Apple Intelligence is on the come, and you’ll need a newer iPhone to get the features, but as usual Apple managed to make an emerging technology approachable and show how it will be useful. We’ll see if it delivers, but investors already gave it credit, boosting its stock more than 7% in recent days.Deeper into the AI weeds, Databricks held its Data + AI Summit, following Snowflake’s Data Cloud Summit last week in the same Moscone Center in San Francisco. The upshot: The privately held company, on the list of top candidates to go public this year, sought to negate the knotty data format wars and expand its appeal beyond data scientists, but as CEO Ali Ghodsi (pictured) admitted, such battles will continue “until the sun burns up.”Meanwhile, the money vacuum in AI keeps sucking in billions, as Mistral and AlphaSense each raised about $650 million this week. But revenue is coming in too: $2.4 billion in the first half for Databricks, $3.4 billion since last year for OpenAI, and AI drove upside earnings this week at Oracle, Broadcom, Rubrik and Adobe.Pat Gelsinger’s comeback plan for Intel hit a rough patch as it delayed a $25 billion fab in Israel. Meantime, Samsung, the No. 2 foundry Intel aims to catch, just outlined its new two-nanometer chipmaking process.Microsoft admitted its security problems and promised to do better, and it started by putting off the introduction of its much-criticized Recall online activity tracking feature. Elsewhere on the cybersecurity front this week, at its re:Inforce conference Amazon Web Services outlined a bunch of new AI-driven security features. Meantime, consolidation chugs on as Fortinet bought Lacework apparently for a song.Check out the full article https://siliconangle.com/2024/06/14/ai-everywhere-apple-finally-makes-splash-data-wars-intensify-big-bucks-still-keep-rolling/To see John and Dave in action, follow theCUBE's live event coverage at https://www.thecube.net/For daily news for CIOs, check out our parent publication at https://siliconangle.com/Watch the full lineup of theCUBE Pod https://www.youtube.com/playlist?list=PLenh213llmcYe7nXWic9QsnHUD5fqbEwu