Databricks Snaps Up Tecton After $100B Valuation

Databricks recently unveiled plans to acquire Tecton, a startup founded by former Uber engineers specializing in real-time feature serving, in a transaction made using private shares. The move comes swiftly after signing a Series K term sheet that values the company at over $100 billion, signaling investor enthusiasm for its AI strategy Reuters. In announcing the acquisition, CEO Ali Ghodsi called Tecton “the real-time building block to feed real-time information into the agents,” added that “speed is crucial for AI use cases such as voice interaction,” and emphasized that “humans hate to wait”. Tecton says their technology delivers sub-10 ms latency and sub-100 ms freshness, with 99.99% uptime, critical for user-facing AI applications. Co-founder and CEO of Tecton, Mike