Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $19 billion Valuation: ...

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

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, known for secure data storage and AI, has launched a new AI business intelligence dashboard called Databricks One, designed for nontechnical business users across various departments.

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 funding round announced in August. Companies such as Databricks, ...

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 ...