Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth efforts. The company first disclosed the investment late last year when it ...

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On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products. Co-founder and CEO Ali Ghodsi wanted ...

Databricks just announced new financials, revealing more about the real productivity impact of AI agents. Of the databases on Databricks' platform, 80% are now being built by AI agents, not people.

Databricks is having one of those years that most enterprise software companies would quietly envy. The data and AI platform says it has reached a $5.4bn annual revenue run rate, growing 65% year over ...

Windows 11 feeling bloated? Sophia Script lets you reshape the OS from the inside out. Here's how it works.

Company plans to use funds to accelerate AI database, Genie assistant JPMorgan Chase leads $2 billion debt financing Databricks' AI products cross $1.4 billion in annualized revenue Feb 9 (Reuters) - ...

Data and AI company Databricks said it has completed $5 billion of new equity financing and secured about $2 billion of additional debt capacity, lifting total new investments to more than $7 billion ...

Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of about $5 billion at a $134 billion valuation, as the data analytics software company bolsters its balance sheet to invest ...

The data and AI giant will use its latest capital infusion to accelerate development of its Lakebase database for AI agents and Genie conversational AI assistant. Databricks’ astronomical growth ...

Three people wearing shirts that say "Volunteers," stand behind a table with bottled water, boxes labeled as medicine. Image by RDNE Stock Project via Pexels. In this essay I’d like to look at what’s ...

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