Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion.

Denodo, the AI data layer company, is releasing Denodo Platform 9.5, advancing its role in providing active context for agentic AI, analytics, and self-service data delivery.

New capability automatically adjusts messaging capacity to match event traffic, reducing manual management for event-driven applications.

This week brought another shock to U.S. AI leaders, as China’s Moonshot AI released a new Kimi model that edges ever closer to the leaders in various capabilities.