Artificial intelligence (AI) has brought more than just outsize gains in the technology sector over the last couple of years. The AI boom has acted as a transformational catalyst for companies across ...

Databricks has emerged as a competitive threat to Snowflake. A $15 billion fundraising round earlier this year confirms the excitement around this company. According to the CFO, revenue was on track ...

Automation and integration were key themes at Databricks’ annual customer conference, as it showed off new generative and agentic AI features coming to its cloud data lakehouse platform. At Databricks ...

Databricks, which offers companies tools for building agents on top of their data, plans to spend at least $100 million over multiple years on OpenAI models. The alliance brings together two of the ...

Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $19 billion Valuation: ...

Just nine months after raising a whopping $10 billion (plus $5 billion in debt) in January, Databricks has confirmed another $1 billion raise at a $100 billion-plus valuation. When rumors of the raise ...

Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.

In recent years, a number of companies have chosen to go public through SPACs -- but returns have largely been poor compared to the broader market. While investment banks are likely eager to work on a ...