Big-data analytics firm Databricks Inc. revealed today that it surpassed the $1 billion revenue milestone during its most recent fiscal year, at a time when it’s diversifying its business into new ...

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said ...

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Big-data analytics firm Databricks Inc. has emerged as an unlikely player in the generative artificial intelligence space, open-sourcing a new AI model that it claims is “as magical as ChatGPT,” ...

The new API is designed to speed up the agent development and testing process so agents can be deployed in production faster. As enterprise demand for building multi-agent systems continues to grow, ...

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.

Ali Ghodsi, Databricks CEO, joins 'Power Lunch' to discuss Databricks' journey, competition in the space and much more. Got a confidential news tip? We want to hear from you. Sign up for free ...

Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That ...

Companies are increasingly turning to AI agents to act as digital assistants in the workplace. Databricks, a data analytics startup with a $62B valuation, provides software that can build agents. Ali ...

Databricks announced that it is completing more than $7bn of investment, including about $5bn of equity financing at a $134bn valuation and around $2bn of additional debt capacity. The San ...