Databricks Is Now Worth $188 Billion. Its Next Move Could Reshape Enterprise AI

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

Databricks Seeks $188 Billion Valuation, Up 40% From February

Databricks, a software developer that helps companies analyze large quantities of data and run AI-powered services, is seeking fresh capital at a $188 billion valuation as investor Coatue Management ...

Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents

Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.

Databricks CEO Says He’s Cracked A 40-Year-Old Database Problem With LTAP

At Data + AI Summit, Databricks CEO Ali Ghodsi unveiled LTAP, a new architecture that collapses the 40-year unification problem of OLTP and OLAP databases.

CGI strengthens enterprise AI leadership with Databricks Brickbuilder Specializations in Public Sector and Generative AI

CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, today announced it has achieved two Databricks Brickbuilder Specializations in ...

Instead of an IPO, Databricks heads for third round of private funding in less than a year

Databricks was a hot IPO candidate, but now its raising its fourth round of private investment in the past year.

Databricks CEO: We're hosting open source models like Kimi and running out of GPUs

Ali Ghodsi, Databricks CEO, joins 'The Exchange' to discuss the company's latest funding round, the capabilities of Chinese ...

DX Foundation Announces Official Databricks Partnership Expanding Enterprise AI and Lakehouse Data Capabilities

DX Foundation, an enterprise data strategy and AI consultancy firm based in Austin, Texas, has announced an official ...