GIC return slips to 3.4% as Singapore fund revamps portfolio framework
What's new: The sovereign fund plans to put another US$30 billion into hedge funds over three years while keeping AI as a core focus.
Subject
#Databricks
Databricks annualized revenue hit $6.9 billion as AI demand surged
What's new: AI products now bring in $1.7 billion a year, but heavier use of AI agents is pushing gross margins lower.