Databricks is benefitting off of the agentic AI wave.

The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain private.

Databricks funding round: Databricks raised $5 billion at a $190 billion valuation after investors offered nearly 15 times its initial $1 billion target, with CEO Ali Ghodsi citing enterprise AI token ...

On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.

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 ...

Databricks is the most valuable software start-up globally, and second most valuable privately held AI company -- sitting behind OpenAI, the developer of ChatGPT. Databricks develops a data ...

Learn what the Databricks acquisition means for companies looking into public or private generative AI foundation models. MosaicML will join the Databricks family in a $1.3 billion deal and provide ...

Databricks recently revealed that it recorded revenue of more than $1 billion in the financial year ended January 31. The company also said it grew more than 60% last year and its data warehousing ...

The $38 billion business that became Databricks Inc. started with the swipe of a credit card. The card belonged to Ali Ghodsi, Databricks’ chief executive officer, and he and his co-founders believed ...

BlackRock Science and Technology Term Trust offers a forward yield of 6.28% with monthly distributions and a special payout.