Spectacular acquisition of the company of the Romanian teacher from the US Ion Stoica, after it was just quoted at over $ 100 billion

Databricks, an American software and artificial intelligence company (AI) co-founded in 2013 by two Romanians, including the computer professor at Berkeley University in California, Ion Stoica, announced that he will buy the Tecton Automatic Learning Startup, evaluated in 2000 million dollars, according to Reuters.

Through the acquisition of Tacton, Databricks takes the next step to expand their offer of agents, after a recent series of transactions meant to provide complete building tools for Enterprise customers, according to a statement made by the company's CEO, Ali Ghodsi.

Tecton, launched in 2020 former Uber engineers and supported by Sequoia Capital and Kleiner Perkins, attracted investments of $ 160 million and was last evaluated at 900 million in 2022. The company with approximately 90 employees has developed software that allows the rapid management and processing of large -scale data, already being used by renowned customers.

DataBricks was already an investor in Tecton, but this purchase will help the company co -founded by the two Romanians to focus on the automatic real -time learning infrastructure.

Ali Ghodsi, CEO of Databricks, explained that Tecton technology and talent could contribute to the development of Agent BRicks, its emblematic product for creating and automating working with AI agents, as competition intensifies in providing AI instruments.

The financial conditions of the transaction, which consist of private actions of Databricks, have not been disclosed.

DataBricks, estimated at over $ 100 billion

The purchase comes from the announcement made this week by Databricks, according to which it has signed a preliminary agreement for a new round of financing, so that the company's assessment increases to over $ 100 billion, by over 60% compared to eight months ago.

In 2023, DataBricks purchased the generative platform of AI Mosaicm for $ 1.3 billion, in 2024 tabular and, earlier this year, bought the database without database for $ 1 billion, to feed High Speed ​​Applications, writes Reuters.

Currently, over 15,000 organizations from all over the world, including Block, Comcast, Condé Nast, Rivian, Shell and over 60% of the Fortune 500 ranking companies are based on the Databrick data intelligence platform and use them with artificial intelligence. Databricks is headquartered in San Francisco, with offices worldwide.

The Romanian teacher who played an essential role in the success of Databricks

DataBricks was founded in 2013 by the creators of Apache Spark (no a large -scale data analysis engine). Among the co-founders of the company are two Romanians, Ion Stoica and Matei Zaharia, who played an essential role in the development of basic technologies.

In an article published in Freedom in 2023, journalist Alexandra Nistoroiu spoke with Professor Ion Stoica, named by Forbes in 2022 the fourth richest Romanian, with a fortune of 7.5 billion lei.

Informatics teacher at Berkeley University in California and Codirector Al Amplab, Stoica founded the companies of Conviva and Databricks together with other initial developers of the Apache Spark project.

Also, the laboratory in which Ion Stoica works has developed Ray, also an open-source system, used to scalify the volume of AI. Basically, “the system that was used to learn chatgpt,” explained the teacher.

“Chatgpt regurgitis information”

Also in 2023, when Chatbgt had been launched for less than a year, the Romanian teacher spoke about the accelerated pace at which artificial intelligence develops.

“Chatgpt learns on a lot of data, and then, you give them a prompt and give you back what best fits the prompt. On the other hand, and people do the same: they regurgitate information. And a lot of people provide wrong information. If we think about everything that happened to the elections, for example,”

He said that it is obvious that artificial intelligence cannot be ignored and that it would transform any industry. “People will use it to write, to compose music, to paint … because it gives them more ideas. Although, in the end, all people will decide what painting or poetry variant they will take or how they will change a little. If I were an artist, I would try to think how I can stop.