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 ...
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 2026 CNBC Disruptor 50 list will be revealed Tuesday, May 19th Databricks said it is raising $4 billion at a $134 billion valuation to support AI app building. The valuation is a 34% jump from a ...
Ali Ghodsi, co-founder and chief executive officer of Databricks, in 2019. Correspondent Welcome back to In the Loop, TIME’s new twice-weekly newsletter about AI. If you're reading this in your ...
With an overflowing war chest from its $5 billion raise that closed last month (not to mention billions in revenue), Databricks is acquiring. The company, best known for its cloud data analytics ...
The launch of Genie Code, analysts say, signals Databricks’ growing ambition to turn its lakehouse platform into the environment where enterprise AI systems build, run, and manage data workflows.
Databricks is introducing a security information and event management service called Lakewatch. The privately held company sees an opportunity to challenge mature cybersecurity vendors using ...
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