Databricks Inc. today put some meat on the bones of its announcement three weeks ago that it had raised new funding that valued the company at more than $100 billion. The company said it is closing a ...
Citing a commitment to open-source software for generative artificial intelligence development, Databricks Inc. said today it has made an unspecified strategic investment and partnership with large ...
The company will use the new financing to fuel its rapid growth through accelerated product development, international expansion and potential acquisitions. Data and AI platform developer Databricks ...
Latest valuation a jump from $100 billion in August Databricks surpasses $4.8 billion revenue run rate in Q3 Funds to be used to expand research and for talent retention Company delivers positive free ...
Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.
Databrick’s purchase of startup Mooncake will accelerate the ability of the Lakebase OLTP database to provide data for AI agents and applications. Data and AI platform giant Databricks has acquired ...
Databricks reported crossing a $4.8 billion revenue run-rate during its Q3, growing more than 55% year over year. The company’s Data Warehousing business and AI products each contribute over $1 ...
The Databricks Lakehouse Platform unifies the best of data lake’s openness, scalability and flexibility with the best of data warehouse’s reliability, governance, and performance. In this blog, we ...
Databricks surpassed a $4.8 billion revenue run rate in the third quarter, up more than 55% from a year earlier. Revenue from its AI products and data warehousing businesses each exceeded a $1 billion ...
Databricks said on Tuesday it has raised more than $4 billion in a funding round, which valued the data analytics firm at $134 billion. The round was led by Insight Partners, Fidelity Management & ...