Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.
Data and AI company Databricks said the fresh capital will further boost its place in the enterprise AI stack.
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: ...
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Software vendors SAP and Databricks are partnering to help companies analyze their most ...
Databricks, known for secure data storage and AI, has launched a new AI business intelligence dashboard called Databricks One, designed for nontechnical business users across various departments.
Databricks has announced plans to raise more than $4bn in a Series L funding round that values the company at $134bn. The San Francisco-based data and AI company surpassed a $4.8bn revenue run-rate ...
Databricks landed the biggest acquisition of the generative AI era to date when it bought MosaicML in June for $1.3 billion. It was a nearly 6x markup on MosaicML’s previous valuation of $222 million ...
As data sources and volumes grow, and as a data-driven orientation is increasingly deemed to be a competitive necessity, the war between platform vendors to provide the primary repository for our data ...
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 ...
There is a lot of enterprise data trapped in PDF documents. To be sure, gen AI tools have been able to ingest and analyze PDFs, but accuracy, time and cost have been less than ideal. New technology ...