Latest news with #ClickHouse
Business Wire
6 days ago
- Business
- Business Wire
Airbyte Data Movement Enhances Data Sovereignty and AI Readiness
SAN FRANCISCO--(BUSINESS WIRE)-- Airbyte, the open data movement platform, today announced three significant updates to its on-premises Airbyte Enterprise product that provide organizations with greater flexibility and control over their data while ensuring that data is ready to work with AI. 'All these new capabilities are directed towards making data AI ready with more control, context, and speed because without data, there is no AI, and without the right data, AI is no good,' said Michel Tricot, CEO and co-founder of Airbyte. Airbyte's platform updates include the ability to facilitate data sovereignty and compliance across different global regions; synchronize data with its metadata to assist AI models' ability to improve reasoning and accuracy; and directly load data volumes to BigQuery and Snowflake, which increases data sync speeds and reduces compute costs. 'All these new capabilities are directed towards making data AI ready with more control, context, and speed because without data, there is no AI, and without the right data, AI is no good,' said Michel Tricot, CEO and co-founder of Airbyte. ' Studies have shown that too often, AI projects are abandoned due to poor data quality and escalating costs. We help organizations command their data quickly and securely. Our enhanced data sovereignty feature will appeal to businesses in areas like Australia where compliance rules have been a challenge for many organizations, helping Airbyte expand in those regions.' The new multiple data planes feature can be used by organizations to keep control of their data on-premises in order to maintain data sovereignty and compliance across different regions, but with an improved, centralized user interface (UI) that efficiently manages all of it holistically. Airbyte now enables synchronized unstructured files and structured records to be transferred in the same data pipeline, which is the most efficient way to preserve metadata and data relationships – enabling richer data context and significantly improving the performance of AI Large Language Models (LLMs) using that data. Direct loading represents a new, streamlined way that Airbyte loads data into BigQuery that will soon be available for ClickHouse and Snowflake, plus other destinations. Direct loading can reduce compute costs by 50 to 70%, and increases speed by up to 33% depending on the use case. Airbyte makes moving data easy and affordable across nearly any source and destination, ensuring enterprises have accurate, timely data for analysis, decision-making, and AI. With over 900 contributors and a community of more than 230,000 members, Airbyte supports the largest data engineering community and is the industry's only open data movement platform. The company announced a strong first quarter with a 25% increase in revenue and has recently received multiple industry recognitions for its innovation and growth. For more details, read the blog post and to learn more about Airbyte Enterprise, go here. About Airbyte Airbyte, the open data movement platform, empowers data teams in the AI era by transforming raw data into actionable insights with the industry's largest ecosystem of connectors. Committed to best-in-class security and compliance standards, Airbyte offers low-code, no-code, and AI-powered connector development for structured and unstructured data. Teams can manage pipelines via API, Terraform, AI Connector Builder UI, and Python libraries across multi-cloud and hybrid environments. Trusted by 7,000 enterprises and 18% of the Fortune 500, Airbyte is the go-to solution for modern data management. For more information, visit
Globe and Mail
15-07-2025
- Business
- Globe and Mail
Can Nebius Monetize Its Bets on ClickHouse, Avride and Toloka?
Nebius Group N.V. NBIS is a Europe-based AI-infrastructure company. The stock price has seen a meteoric rise (up 146.4% in the past three months), outperforming the S&P 500's 18.9% growth. NBIS is gaining from strong revenue growth of 385% in the last reported quarter, driven by accelerating demand for its AI-infrastructure services. Apart from booming core AI business, investors also need to look at the company's various stakes in some high-growth tech ventures that could emerge as powerful value drivers. ClickHouse stake is a standout. NBIS has a 28% stake in ClickHouse, valued at around $6 billion presently, which translates into a ready capital source if monetized. Other stakes include Toloka, a data partner for all stages of AI development, TripleTen, an edtech platform, and Avride, an autonomous vehicle platform. NBIS holds a considerable majority economic interest stake in Toloka. This tech venture is now backed by Amazon's Jeff Bezos and Shopify's Mikhail Parakhin. This investment will enable Toloka to scale rapidly and enhance its focus as global demand for high-quality AI data continues to rise. Avride struck partnerships with major players like Uber, Hyundai, GrubHub and Rakuten in the last reported quarter. Nebius also highlighted that discussions with potential third-party investors are underway, indicating another path to capital generation. These various stakes give Nebius a unique edge among AI-infrastructure players. Nebius seems confident to effectively monetize these businesses and fuel its core business while minimizing dilution to existing shareholders and keeping debt in check. For investors, these hidden value drivers may represent the next leg of the company's valuation uplift. How Are NBIS' Competitors Positione d ? CoreWeave CRWV is another AI-infrastructure company with hyper revenue growth of 420% in the first quarter of 2025. CRWV has been focused on own infrastructure buildout. The company acquired Weights & Biases as part of the strategy to expand its footprint in high-performance AI-cloud infrastructure. CRWV also recently announced the acquistion of Core Scientifi c in an all-stock deal worth around $9 billion as it deepens the vertical integration strategy. By taking ownership of Core Scientific's 1.3 GW power infrastructure footprint, with an additional 1 GW expansion potential, it gains ample room to grow its AI infrastructure. With demand for AI compute soaring, this extra capacity provides a strong long-term advantage. The transaction, expected to close in the fourth quarter of 2025. Management has also inked a strategic partnership with OpenAI for about $11.9 billion. Microsoft Corporation MSFT is a structurally dominant name in the tech space. With its Azure cloud platform, MSFT leads the AI-infrastructure space. The tech giant invests in innovative early-stage tech companies through its M12 venture fund. MSFT boasts stakes in various companies, with the crown jewel being OpenAI. MSFT has invested $13 billion in OpenAI and has rights to OpenAI IP (includes both model and infrastructure) for use within its products like Copilot, Azure and Bing. Moreover, Azure platform is the exclusive cloud provider for OpenAI. Through the Azure OpenAI Service agreement, developers can have direct access to leading OpenAI models supported by Azure and AI infrastructure and tools. NBIS Price Performance, Valuation and Estimates Shares of Nebius have gained 87.5% year to date compared with the Internet – Software and Services industry's growth of 23.8%. Image Source: Zacks Investment Research In terms of price/book, NBIS' shares are trading at 3.87X, down from the Internet Software Services industry's ratio of 4.1X. The Zacks Consensus Estimate for NBIS' earnings for 2025 has been unchanged over the past 30 days. NBIS currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Nebius Group N.V. (NBIS): Free Stock Analysis Report CoreWeave Inc. (CRWV): Free Stock Analysis Report
National Post
07-07-2025
- Business
- National Post
Kevin Egan Joins ClickHouse as Chief Revenue Officer to Accelerate Growth
Article content SAN FRANCISCO — ClickHouse, a leader in real-time analytics, data warehousing, observability, and AI/ML, today announced the appointment of Kevin Egan as Chief Revenue Officer (CRO). With over two decades of experience building and leading enterprise sales organizations at Atlassian, Slack, Dropbox, and Salesforce, Egan will oversee ClickHouse's global go-to-market functions as demand continues to grow. Article content ClickHouse is emerging as the de facto database powering the real-time, scalable analytics that AI-driven applications demand. Article content 'I'm incredibly excited to join ClickHouse at such a pivotal time,' said Egan. 'As organizations navigate how to compete and thrive in the AI era, ClickHouse is emerging as the de facto database powering the real-time, scalable analytics that AI-driven applications demand. I look forward to building strong relationships not only with forward-thinking customers, but also with our channel and technology partners—working together to help businesses modernize their data infrastructure and unlock transformative outcomes with this foundational technology.' Article content Egan brings diverse experience scaling companies to $1B and beyond. He served most recently as Chief Sales Officer at Atlassian, overseeing global sales strategy across a multi-product portfolio. He previously held senior sales leadership roles at Salesforce, where he spent ten years helping drive global enterprise growth, and at Dropbox, where he played a key role in expanding into enterprise markets, and at Slack, where he led North American sales. Article content Egan's appointment follows ClickHouse's $350 million Series C funding round, with participation from new and existing investors, which brought the company's valuation to $6.35 billion. The investment is supporting the expansion of ClickHouse Cloud, the company's fully managed service, which grew over 300% during the past year and now serves over 2,000 customers across a range of industries from fintech and transportation to consumer and healthcare. Article content In May 2025, ClickHouse hosted its inaugural user conference, Open House, where organizations such as Tesla, OpenAI, and Anthropic shared how they use ClickHouse to analyze petabytes of data in real time. The event reflected ClickHouse's growing presence in critical, large-scale production environments. Article content 'I am absolutely thrilled to work with Kevin again. Having known him for over 20 years, Kevin's proven ability to scale enterprise sales at leading software companies makes him an invaluable addition to the leadership team at our current stage of growth,' shared Aaron Katz, ClickHouse CEO. 'He excels at cultivating trusted customer relationships, building world-class teams, and driving sustainable go-to-market motions. His expertise is exactly what ClickHouse needs as we continue to expand and operate at a larger scale.' Article content About ClickHouse Article content ClickHouse is a fast, open-source columnar database management system built for real-time data processing and analytics at scale. Engineered for high performance, ClickHouse Cloud delivers exceptional query speed and concurrency, making it ideal for applications that demand instant insight from massive volumes of data. As AI agents become increasingly embedded in software and are generating far more frequent and complex queries, ClickHouse brings a high-throughput, low-latency engine, purpose-built to meet this challenge. Trusted by leading companies like Sony, Tesla, Anthropic, Memorial Sloan Kettering, Lyft, and Instacart, ClickHouse helps teams unlock insights and drive smarter decisions with a scalable, efficient, and modern data platform. For more information, visit Article content Article content Article content Article content Article content Article content
Yahoo
23-06-2025
- Business
- Yahoo
Will Nebius Achieve its $1B ARR and Up to $700M Revenue Targets?
Nebius Group N.V. NBIS has captured investor attention with its explosive growth and ambitious 2025 targets of $750 million to $1 billion in annualized run-rate revenue (ARR) and $500–$700 million in total revenues. Following a remarkable 385% year-over-year revenue increase in the first quarter of 2025 and a 700% surge in ARR, the company appears well-positioned to pursue its goals. ARR reached $310 million in April, indicating strong momentum for the second quarter. The company is gaining from solid growth in its core artificial intelligence (AI) business. As organizations increasingly invest in generative AI, Nebius is benefiting from a full-stack approach, offering everything from high-performance GPU cloud infrastructure to Saturn Cloud's MLOps platform and AI development tools. Backed by a $700 million funding round involving high-profile investors like NVIDIA and Accel in December 2024, Nebius is expanding aggressively in North America and Europe. It aims to leverage this capital to meet customer demand while maintaining flexibility in pricing and cost management. In June 2025, NBIS announced private placement of $1 billion in convertible notes to capitalize on the AI-infrastructure boom and drive-up revenue opportunities in 2026. The company holds a minority stake of approximately 28% in ClickHouse. Recent media reports suggest that a fundraising round is currently in progress, potentially valuing ClickHouse at around $6 billion. The company expects adjusted EBITDA to turn positive in the second half of 2025. Global demand for AI-specific infrastructure is booming, with hyperscalers, startups and enterprises increasing GPU investments. Per IDC's forecast, AI infrastructure spending is projected to reach $223 billion by 2028, with servers deployed in cloud environments accounting for 82% of the total market and accelerated servers comprising approximately 74% of total market spending. That said, increasing market competition and macroeconomic uncertainties may adversely impact NBIS' growth trajectory. Nebius competes with technology giants like CoreWeave, Inc. CRWV and Microsoft Corporation MSFT. CoreWeave is an AI-focused hyperscaler company, and its cloud platform has been designed to scale, support and accelerate GenAI. The company expects revenues for 2025 to be in the range of $4.9 billion to $5.1 billion. CoreWeave anticipates capital expenditures of $20 billion to $23 billion, reflecting accelerated investment in its infrastructure to meet growing customer demand. This guidance incorporates the impact of several key developments, including the OpenAI contract signed in March, a $4 billion expansion agreement with a major AI enterprise and the integration of Weights & Biases into its platform strategy. At present, it has a network of 33 purpose-built AI-data centers across the United States and Europe, supported by 420 megawatts of active power. Microsoft continues to demonstrate robust growth driven by its cloud and AI investments. Azure's increased availability in more than 60 announced regions globally is expected to have strengthened Microsoft's competitive position in the cloud computing market, dominated by Amazon's Amazon Web Services. For fourth-quarter fiscal 2025, management guided total revenues of $73.15–74.25 billion, with Azure/cloud growth projected at 34–35% constant currency. Looking toward future technologies, Microsoft is putting its quantum stack on machines from partners and making real progress on a path to a utility-scale quantum computer with the introduction of Majorana 1, the company's quantum chip unveiled in February. However, elevated operating expenses and Azure investments amid intensifying cloud competition remain concerns for stakeholders. Shares of Nebius surged 153.3% in the past year compared with the Internet – Software and Services industry's growth of 39.3%. Image Source: Zacks Investment Research In terms of price/book, NBIS' shares are trading at 3.58X, down from the Internet Software Services industry's 4.07X. Image Source: Zacks Investment Research NBIS currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Nebius Group N.V. (NBIS) : Free Stock Analysis Report CoreWeave Inc. (CRWV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
30-05-2025
- Business
- Yahoo
Nebius participates in ClickHouse Series C; crystallizes value of asset to fund hypergrowth of core AI infrastructure business
AMSTERDAM, May 30, 2025--(BUSINESS WIRE)--Nebius Group ("Nebius" or "the Group"; NASDAQ: NBIS), a leading AI infrastructure company, today confirmed its participation in ClickHouse's Series C funding round. Arkady Volozh, founder and CEO of Nebius, said: "We are extremely impressed with what Aaron and his team have achieved to date, and believe they are well positioned to continue scaling rapidly and create significant additional value for shareholders. "We believe our non-core assets will provide us with billions of dollars to invest in our core AI infrastructure business. We expect these non-core businesses to continue to grow significantly, and will look to utilize the stakes as funding sources over time for our core AI infrastructure business. "This, combined with our access to global capital markets and strong cash position, puts us in a unique position in our sector. We plan to use all these options to support the hypergrowth of our core business, and to meet strong and growing demand. "We have a clear plan to scale our business to multiple billions of dollars in revenue in the medium term, with strong and sustainable margins, and continue to execute on it successfully." About Nebius Nebius is a technology company building full-stack infrastructure to service the explosive growth of the global AI industry, including large-scale GPU clusters, an AI-native cloud platform, and tools and services for developers. Headquartered in Amsterdam and listed on Nasdaq, the Company has a global footprint with R&D hubs across Europe, North America and Israel. Nebius Group's core business is an AI cloud platform built from the ground up for intensive AI workloads. With proprietary cloud software architecture and hardware designed in-house, Nebius gives AI builders the compute, storage, managed services and tools they need to build, tune and run their models. Nebius Group also operates additional businesses under their own distinctive brands: Avride — one of the most experienced teams developing autonomous driving technology for self-driving cars and delivery robots. TripleTen — a leading edtech player in the U.S. and certain other markets, re-skilling people for careers in tech; The Nebius Group also holds equity stakes in other businesses including ClickHouse and Toloka, an AI data solutions business. To learn more please visit Disclaimer Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. All statements contained in this press release other than statements of historical facts, including, without limitation, statements regarding the future prospects for our equity stakes, our future financial and business performance, our business and strategy, expected growth, planned investments and capital expenditure, capacity expansion plans, anticipated future financing transactions and expected financial results, are forward-looking statements. The words "anticipate," "believe," "continue," "estimate," "expect," "guide," "intend," "likely," "may," "will" and similar expressions and their negatives are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. Actual results may differ materially from the results predicted or implied by such statements, and our reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted or implied by such statements include, among others: our ability to build our businesses to the desired scale, competitive pressures, technological developments, our ability to secure and retain clients, our ability to secure capital to accommodate the growth of the business, unpredictable sales cycles, potential pricing pressures, and the ability of companies in which we hold minority equity stakes to achieve their business goals, as well as those risks and uncertainties related to our continuing businesses included under the captions "Risk Factors" and "Operating and Financial Review and Prospects" in our Annual Report on Form 20-F for the year ended December 31, 2024, filed with the Securities and Exchange Commission ("SEC") on April 30, 2025, which are available on our investor relations website at and on the SEC website at All information in this press release is as of May 30, 2025 (unless stated otherwise). Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. In addition, statements that "we believe" and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements. 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