Verdict on MSN
Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
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 ...
Databricks is anticipating sales growth above 60% to $2.4 billion in annualized revenue for first half of year. CFO Dave Conte provided the figures at an investor briefing at the company's Data and AI ...
The recent Databricks Data+AI Summit attracted a large audience and, like Snowflake Summit, featured a strong focus on large language models, unification and bringing AI to the data. While customers ...
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.
Aithon is an AI-native GTM platform built for regulated financial services. Aithon combines enterprise first-party systems with external market and regulatory signals, applying a financial-services ...
Databricks, the company behind Apache Spark, today announced the beta release of Databricks Community Edition, a free version of the cloud-based big data platform at Spark Summit East. This service ...
Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.
Palantir just announced a major deal with Databricks during AIPCon last week.
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