Cloud data platform provider Databricks Inc. today announced that it’s raising a very late-stage $10 billion funding round at a $62 billion valuation. The Series J investment doesn’t come as a ...

Databricks is anticipating sales growth above 60% to $2.4 billion in annualized revenue for first half of year. CFO Dave Conte provided the figures at an investor briefing at the company's Data and AI ...

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 ...

Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That ...

Databricks is buying Tabular, a small startup that helps companies optimize data they store in the cloud with the Apache Iceberg format. The news comes in the middle of Snowflake's summit, where 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 ...

At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...

June 4 (Reuters) - Databricks said on Tuesday it would buy data-management startup Tabular for more than $1 billion, as the privately held analytics platform looks to attract customers by helping them ...

Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.

Databricks launched Lakebase today, a new database designed for enterprises and developers to build data applications and artificial intelligence agents on a single multi-cloud platform. Lakebase is ...