Four months after its last funding round, Databricks Inc. today announced that it has closed an extremely late-stage investment worth more than $4 billion. The Series L round was jointly led by ...

There is no shortage of AI benchmarks in the market today, with popular options like Humanity's Last Exam (HLE), ARC-AGI-2 and GDPval, among numerous others. AI agents excel at solving abstract math ...

The IPO window may have cracked open, but it seems some former startups have no intention of going public. Makes sense, in a way: IPOs were traditionally a way to raise money, and if you can manage to ...

Five years ago, Databricks coined the term 'data lakehouse' to describe a new type of data architecture that combines a data lake with a data warehouse. That term and data architecture are now ...

Why IPO when you can Series L? That’s the question Databricks is answering this week with the announcement that it’s raising more than $4 billion in its latest funding round. That puts its valuation ...

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 ...

Data and AI giant Databricks has poached a seasoned marketing executive from Amazon Web Services to spearhead its growth in the Asia-Pacific and Japan (APJ) region, signalling a serious push to ...

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Databricks reported crossing a $4.8 billion revenue run-rate during its Q3, growing more than 55% year over year. The company’s Data Warehousing business and AI products each contribute over $1 ...