On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products. Co-founder and CEO Ali Ghodsi wanted ...

The open-source data stack promised freedom from vendor lock-in. For many teams building an open source data lakehouse, it delivered a different kind of cost, and not just in dollars. But the answer ...

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 ...

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) - ...

US homeland security eyeing 24 buildings, some as ‘primary locations’ for deportations, in escalation of Trump agenda US Citizenship and Immigration Services (USCIS) expects to spend an estimated ...

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 ...

Our team’s deals editors spend many hours sifting through virtually endless offerings on Amazon. While the mega-retailer tends to drop discounts around major moments throughout the year (like holiday ...