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Databricks acquires Arcion for $100M, Spider-Man 2 sells 2.5M copies in first 24 hours

October 23, 2023 • Estimated Reading Time: 5 minutes

Databricks will acquire Arcion, an enterprise data consolidation platform, for ~$100M; in September, Databricks raised $500M at a ~$43B valuation - Link

After releasing on October 20th, Marvel's Spider-Man 2 sold 2.5M copies in its first 24 hours, making it the fastest-selling PlayStation Studios game of all time - Link

Filing: ESPN accounted for ~19% of Disney's total operating profits in the first nine months of Disney's fiscal 2023, as the network generated ~$12.6B in revenue on ~$1.89B of operating profits - Link

Bloomberg sources: Apple was caught by surprise as tools like ChatGPT rocketed to popularity this year and is on pace to spend ~$1B/year to add generative AI tools across its suite of products - Link

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A message from Jason Calacanis:

We’ve launched a new incubator for Cloud Kitchen Startups... it’s called LAUNCH Cloud Kitchen (LiCK!)We are looking for

  • Successful tech entrepreneurs interested in the food/ghost kitchen space

  • Food entrepreneurs who want to expand in the ghost kitchen space

  • Entrepreneurs or chefs looking for a co-founder

Learn more and apply at https://ck.launch.co

Sanctuary AI CEO Geordie Rose joins Jason for an incredible interview on the complexities of using AI to train robots (11:09), developing large behavior models (17:53), the 'lights out' moment in manufacturing (42:52), and much more! - Link

Hivebrite, a Paris-based SaaS startup building a community engagement platform, raised a $37M Series B co-led by Quadrille Capital, Insight Partners, and angel investor Edward Filippi - Link

Island, a Dallas-based startup building an enterprise browser solution, raised a $100M Series C at a $1.5B valuation led by Prysm; the company has sold 2M+ browsers to 100+ customers so far - Link

The White House designated 31 regional tech hubs across the US that can compete for $40M to $75M each in grants; hubs include Baltimore, Birmingham, Philadelphia, Reno, and others - Link

Blockaid, a startup building a suite of web3 security tools, came out of stealth by announcing a $6M Seed and $33M Series A with funding from Ribbit Capital, Sequoia, and others - Link

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