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DataStax
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- 1IBM to acquire open-source data and AI vendor DataStax▼IBM to buy open source data platform and AI vendor DataStax
IBM has announced plans to acquire DataStax, a vendor known for its open-source data platform built around Apache Cassandra and AI capabilities for enterprises. The deal strengthens IBM's portfolio in data infrastructure and generative AI services, as the company continues a string of acquisitions targeting hybrid cloud and AI workloads. Financial terms were not disclosed in the initial report.
- 2DataStax raises $115 million to advance its data stack▼DataStax raises $115M to advance its data stack
DataStax has raised $115 million in new funding to advance its data stack. The company provides data infrastructure for developers building applications on cloud and AI workloads, though details on investors, valuation, and how the funds will be used were not included in initial reports.