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Source channel @githubtrending · Post #14977 · Jul 19

#rust#ai#bigdata#database#lakehouse#olap#rust#serverless#snowflake#sql Databend is an open-source, cloud data warehouse built with Rust that offers a fast, cost-effective alternative to Snowflake. It supports both cloud and on-premise deployment, handles massive data (over 800 petabytes), and processes over 100 million queries daily. Databend excels in fast query execution, real-time data updates, and simplified data ingestion without extra ETL tools. It includes AI-powered analytics, advanced indexing, ACID compliance, and flexible schema support for semi-structured data. Using Databend can save you money, give you full control over your data, and provide high performance for complex analytics on large datasets[1][3]. https://github.com/databendlabs/databend

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Venture Village Wall 🦄

@venturevillagewall · Post #4045 · 02/01/2025, 01:00 PM

ChatGPT Hits 15.5 Million Subscribers ChatGPT now boasts 15.5 million paid subscribers, showing a significant surge of over 4 million since September. While subscribers account for about 5% of total users, OpenAI's revenue from subscriptions has risen, with Pro subscriptions outpacing Enterprise offerings. A substantial increase in API revenue has also been noted, growing sevenfold despite price cuts. Currently, projections estimate annual revenue at $3.4 billion, amidst discussions for a $40 billion investment round valuing the company at $260 billion, reflecting a 73% rise since October 2024. Source: The Information | Additional Info #AI#OpenAI#ChatGPT#Subscriptions#API#TechNews#Investment#RevenueGrowth

Venture Village Wall 🦄

@venturevillagewall · Post #3677 · 12/23/2024, 05:00 PM

Telegram Hits Profit Milestone Telegram has achieved profitability for the first time since its monetization began, as announced by Pavel Durov. In 2024, Telegram's revenue exceeded $1 billion, with paid subscribers tripling to 12 million and advertising revenue increasing significantly. While the app generated about $240 million from subscriptions and ads in the first half of the year, much of its profit stemmed from the sale of Toncoin, which brought in $348 million. Durov expressed confidence in Telegram's financial stability but raised questions about the sustainability of its profits from cryptocurrency. Additionally, a key concern remains whether Durov can repay $2.3 billion in bonds by 2026. Despite these challenges, the news of Telegram's profitability is welcomed by users and investors alike. #Telegram#Profit#Revenue#Subscriptions#Toncoin#Cryptocurrency#Durov#FinancialResults#Advertising#Bonds #2024 #Users#SocialMedia#Monetization#Growth#Debt#Investors#Innovation#CryptoAssets#FinancialStability#Sustainability