Databricks is anticipating sales growth above 60% to $2.4 billion in annualized revenue for first half of year. CFO Dave Conte provided the figures at an investor briefing at the company's Data and AI ...
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks said it is raising $4 billion at a $134 billion valuation to support AI app ...
Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, ...
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.
The artificial intelligence start-up’s funding shows investors remain enthusiastic about the A.I. boom. By Erin Griffith Reporting from San Francisco In October, OpenAI, the start-up behind ChatGPT, ...
Transactional database technology “hasn’t actually changed that much in the last 40 years” and is inadequate for today’s operational AI applications and agents, Databricks co-founder and CEO Ali ...
Many enterprises running PostgreSQL databases for their applications face the same expensive reality. When they need to analyze that operational data or feed it to AI models, they build ETL (Extract, ...
Using several recent innovations, the company Databricks will let customers boost the IQ of their AI models even if they don’t have squeaky clean data. Databricks, a company that helps big businesses ...