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Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
Amazon.com Inc (NASDAQ:AMZN) inked a five-year deal with data and AI startup Databricks to provide businesses with cost-effective AI-building capabilities. The financial terms of the contract remain ...
By replacing repeated fine‑tuning with a dual‑memory system, MemAlign reduces the cost and instability of training LLM judges ...
Bloomberg’s sources said that the financing was provided by private credit lenders and broadly syndicated loan investors. Those are investors who purchase corporate debt through a bank. According to ...
Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center ...
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