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In March 2024, Databricks released DBRX, an open-source foundation model. It has a mixture-of-experts architecture and is built on the MegaBlocks open-source project. [49] DBRX cost $10 million to create. At the time of launch, it was the fastest open-source LLM, based on commonly-used industry benchmarks.
Snowflake's insiders have also been net sellers over the past 12 months. With an enterprise value of $35.8 billion, Snowflake looks cheaper than Datadog at 8 times next year's sales estimates.
DBRX is an open-sourced large language model (LLM) developed by Mosaic ML team at Databricks, released on March 27, 2024. [1] [2] [3] It is a mixture-of-experts Transformer model, with 132 billion parameters in total. 36 billion parameters (4 out of 16 experts) are active for each token. [4]
Snowflake: 12.4 Feb 2020 [635] Dec 2020 [635] IPO 33 United States Benoit Dageville, Thierry Cruanes, Marcin Zukowski Robinhood: 11.7 September 2020 [636] July 2021 [637] IPO 26.7 United States Vladimir Tenev, Baiju Bhatt: Dropbox: 10 January 2014 [638] March 2018 [639] IPO 12 United States Drew Houston, Arash Ferdowsi: Squarespace: 10 March ...
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Snowflake Inc. is an American cloud-based data storage company. Headquartered in Bozeman, Montana , it operates a platform that allows for data analysis and simultaneous access of data sets with minimal latency . [ 1 ]
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