Databricks said it raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation. The company also said its annualized revenue exceeded $5.4 billion for the January ...

San Francisco-based software company Databricks Inc. said Tuesday it has raised $8.6 billion out of a $10 billion targeted fundraising in private markets as the latest example of why some major ...

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) - ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Databricks is staying private a ...

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 ...

You don’t need us to remind you that Drake’s Iceman album did not arrive in 2025, despite widespread speculation among fans that it would drop before year’s end. Now, just over a month into the new ...

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 ...

Databricks has released KARL, an RL-trained RAG agent that it says handles all six enterprise search categories at 33% lower cost than frontier models.