By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of ...
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...
AI isn't going to replace major SaaS apps with vibe-coded versions, Databricks Ali Ghodsi believes. But it could give rise to competitors.
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 ...
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 ...
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 ...
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Nvidia and Capital One have backed cloud data analytics startup Databricks, which is widely ...
Nvidia has been investing significant capital into AI-powered enterprise software platforms. Databricks offers a host of artificial intelligence (AI) applications through its Mosaic AI software.
With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds. As one of the most ...
Databricks, one of the most valuable privately held companies, announced a $10 billion financing on Tuesday that values the software maker at $62 billion. With the money, Databricks will be able to ...
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