Databricks is benefitting off of the agentic AI wave.

The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain private.

On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.

Databricks funding round: Databricks raised $5 billion at a $190 billion valuation after investors offered nearly 15 times ...

The round was led by Coatue and included Blackstone, MGX, accounts advised by T. Rowe Price Associates, and new investor Sixth Street Growth, according to Databricks’ newsroom. Returning backers such ...

Three main pressure points are transforming the modern data landscape: 1) Increased interest in adopting open table formats to allow any compute to operate on any data; 2) The point of control is ...

Databricks is the most valuable software start-up globally, and second most valuable privately held AI company -- sitting behind OpenAI, the developer of ChatGPT. Databricks develops a data ...

Databricks is an innovative data analytics platform designed to simplify the process of building big data and artificial intelligence (AI) solutions. It was founded by the original creators of Apache ...

Learn what the Databricks acquisition means for companies looking into public or private generative AI foundation models. MosaicML will join the Databricks family in a $1.3 billion deal and provide ...

Databricks recently revealed that it recorded revenue of more than $1 billion in the financial year ended January 31. The company also said it grew more than 60% last year and its data warehousing ...