AI firm Databricks noted a $188 bln ​valuation, making it the ​fourth-largest private tech startup. As ⁠it out-grows app-makers like ​Adobe or Salesforce, it’s also ​encroaching on their most prized ...

Data and AI focused Databricks has signed a term sheet for a significant strategic funding round that values the company at approximately $188 billion. This latest move, expected to close later in the ...

Databricks was a hot IPO candidate, but now its raising its fourth round of private investment in the past year.

Databricks has remade its image into an AI company and has published research on the cost savings of open-weight AI models ...

The AI firm offers a range of proprietary and open source AI models, and it plans to use the funding to purchase additional GPU capacity. Databricks said it is raising new funding led by Coatue ...

Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data analytics software ...

Press ReleaseNokia, Databricks demonstrate unified data platform for autonomous networks Proof of concept validates cloud-agnostic approach for network operators to scale AI-driven operations, deploy ...

As enterprises rush to deploy generative and agentic AI, many are discovering that the biggest barriers to scale have little to do with technology. In fact, organizations have largely solved the ...

After unveiling a number of key announcements at Databricks’ Data + AI Summit in San Francisco on Tuesday, the company added further context and messaging around its latest product and service ...

Databricks Inc. today announced plans to acquire Panther Labs Inc., a startup with an artificial intelligence platform for detecting cyberattacks. The companies didn’t disclose the financial terms.

Databricks said annualized revenue has jumped more than 80% from a year earlier and now sits at $6.9 billion, up from a figure of $5.4 billion in the fiscal fourth quarter. While Databricks is ...