Databricks, known for secure data storage and AI, has launched a new AI business intelligence dashboard called Databricks One, designed for nontechnical business users across various departments ...

In a statement, Databricks said it had so far secured $8.6 billion of the $10 billion that it was raising. Ali Ghodsi, the chief executive and a founder of Databricks, said the rest of the round ...

Databricks runs on all the major clouds– AWS, Azure, and Google Cloud –and relies on those cloud platforms for storage, compute, and networking. Storage is pretty straightforward in the cloud, as ...

Databricks has agreed to acquire database startup Neon in a deal valued at about $1 billion, a move the company hopes will make it more attractive to businesses that want to create their own ...

Moreover, Databricks' recent fundraising round and financial revelations may also indicate both its value as a start-up and its intention to go public. Early this year, the company raised $15.3 ...

Databricks reached ARR of $600 million when it raised a massive round in August 2021, reached $800 million in ARR at the end of 2021, and last August, crossed the $1 billion ARR threshold.

Databricks has considered going public in the past. The company was on a path to complete an IPO in 2021 after a private funding round. That would have been a prime time to go public due to sky ...

Databricks unifies the data and AI platforms with Lakehouse AI, allowing customers to develop generative AI solutions rapidly - from using foundational SaaS models to securely training their own ...

The worst bug I saw: One of Databricks’ demo notebooks failed to run to completion on an autostarted cluster that happened to be running an older version of Spark.