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Databricks News: Databricks Ventures Backs Twelve Labs For Video AI

December 16, 2024

Databricks Unicorn News - December 16, 2024

Databricks Ventures has invested in Twelve Labs to enhance video intelligence capabilities within its Data Intelligence Platform. This collaboration aims to streamline video application development and enable enterprises to effectively search and monetize video data, transforming business interactions with video content.

( 00:00:00 ) Introduction

( 00:00:28 ) Databricks Ventures Invests in Twelve Labs for Video Intelligence

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Databricks Ventures has partnered with Twelve Labs to bolster video intelligence within its Data Intelligence Platform. This investment aims to simplify video application development for enterprises, enabling them to search, analyze, and monetize video data more effectively. By integrating advanced video capabilities, the collaboration seeks to transform how businesses engage with and extract value from video content.

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Linqto leverages advanced artificial intelligence (AI) technologies to generate Unicorn News to summarize updates about private companies. The news summaries and audio are both AI generated, based on the source(s) listed.