Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.
Data and AI company Databricks said the fresh capital will further boost its place in the enterprise AI stack.
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, 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 recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.
Transactional database technology “hasn’t actually changed that much in the last 40 years” and is inadequate for today’s operational AI applications and agents, Databricks co-founder and CEO Ali ...
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks agreed to acquire Arcion, an enterprise data company, for $100 million on Monday, ...
As data sources and volumes grow, and as a data-driven orientation is increasingly deemed to be a competitive necessity, the war between platform vendors to provide the primary repository for our data ...
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 ...
There is a lot of enterprise data trapped in PDF documents. To be sure, gen AI tools have been able to ingest and analyze PDFs, but accuracy, time and cost have been less than ideal. New technology ...