Databricks is an innovative data analytics platform designed to simplify the process of building big data and artificial intelligence (AI) solutions. It was founded by the original creators of Apache ...
Three main pressure points are transforming the modern data landscape: 1) Increased interest in adopting open table formats to allow any compute to operate on any data; 2) The point of control is ...
How much will the changing valuation profile of software companies impact the highest-flying private unicorns? Also, why hasn’t Databricks gone public yet? The answer to the former might be the answer ...
Ali Ghodsi says Databricks wants to avoid the mistake of 2022, when many newly public tech companies were forced to ...
Databricks, an AI-focused company, has successfully raised $4 billion, pushing its valuation to a staggering $134 billion.
Databricks has emerged as a competitive threat to Snowflake. A $15 billion fundraising round earlier this year confirms the excitement around this company. According to the CFO, revenue was on track ...
Big-data analytics firm Databricks Inc. has emerged as an unlikely player in the generative artificial intelligence space, open-sourcing a new AI model that it claims is “as magical as ChatGPT,” ...
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Databricks announces $4bn funding at $134bn valuation
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 ...
Data analytics startup Databricks said Wednesday that it is buying Neon, a cloud-based database software vendor, for about $1 billion. It is the latest big deal for Databricks, which bought artificial ...
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