Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $4 billion Valuation: ...
The 2026 CNBC Disruptor 50 list will be revealed Tuesday, May 19th Databricks said it is raising $4 billion at a $134 billion valuation to support AI app building. The valuation is a 34% jump from 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 ...
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 ...
Data analytics company Databricks says its mission is to deliver data intelligence to every enterprise by allowing organizations to understand and use their unique data to build their own AI systems.
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.
Databricks said on Thursday that it is incorporating OpenAI’s models, including GPT-5, into its data platform as well as its AI product, Agent Bricks, as part of a $100 million multi-year deal that ...
US-based data analytics platform Databricks has struck a deal to acquire Neon, a serverless Postgres database company. While the company did not disclose the deal value, a report by Reuters said the ...