Verdict on MSN
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%.
Databricks CEO Ali Ghodsi and Nvidia CEO Jensen Huang announced an expansion of their companies’ partnership at the Databricks Data and AI Summit. I was recently back in San Francisco, attending the ...
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 ...
Upgrades to Databricks’ Mosaic AI, a deeper collaboration with Nvidia and the open-sourcing of Unity Catalog are among the biggest updates from Summit 2024. Upgrades to Databricks’ Mosaic AI unified ...
This year's theme, Data Intelligence for All, will showcase how every organization can harness the power of data to develop its own AI apps and agent systems. Attendees can expect to hear from top ...
In another move to strengthen its customer base, Databricks today announced the launch of an industry-specific offering tailored for telecom companies and network service providers. Dubbed Data ...
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks agreed to acquire Arcion, an enterprise data company, for $100 million on Monday, ...
Databricks announced its intention to acquire Arcion, an enterprise data replication specialist and a part of the Databricks Ventures portfolio. The acquisition, valued at over $100 million, is set to ...
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