Databricks obtains $1.8 billion in additional debt ahead of IPO

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Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now has access to over $7 billion in debt, the person added. The company declined to comment. Databricks is among the highly valued technology companies that are […]


Tesla obtains permit to operate ride-hail service in Arizona

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A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, on June 22, 2025. Tim Goessman | Bloomberg | Getty Images Tesla has obtained a permit to operate a ride-hailing service in Arizona, the state’s department of transportation said. The electric vehicle company applied for a “transportation network company” permit on Nov. 13, and was […]