Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth efforts. The company first disclosed the investment late last year when it ...

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 ...

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Many enterprises running PostgreSQL databases for their applications face the same expensive reality. When they need to analyze that operational data or feed it to AI models, they build ETL (Extract, ...

Databricks Inc. today put some meat on the bones of its announcement three weeks ago that it had raised new funding that valued the company at more than $100 billion. The company said it is closing a ...

Just nine months after raising a whopping $10 billion (plus $5 billion in debt) in January, Databricks has confirmed another $1 billion raise at a $100 billion-plus valuation. When rumors of the raise ...

Databricks told investors and analysts on Wednesday that annualized revenue will hit $3.7 billion by July, with 50% year-over-year growth. CFO Dave Conte gave the briefing at the company's Data and AI ...

Today, at its annual Data + AI Summit, Databricks announced that it is open-sourcing its core declarative ETL framework as Apache Spark Declarative Pipelines, making it available to the entire Apache ...

The Opensource DeepSeek R1 model and the distilled local versions are shaking up the AI community. The Deepseek models are the best performing open source models and are highly useful as agents and ...

Data analytics company Databricks says its mission is to deliver data intelligence to every enterprise by allowing organizations to understand and use their unique data to build their own AI systems.