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

The startup’s valuation jumps 40% as the AI boom has driven demand for its data-analytics software.

(Reuters) - Data analytics firm Databricks said on Monday it was on track to hit $4 billion in annualized revenue on the back of booming demand for its artificial intelligence products, as it closed a ...

Databricks will integrate MosaicML’s technology with its data lakehouse platform, allowing users to build and train models using their own data. Data lakehouse vendor Databricks has struck a deal to ...

Databricks acquires Neon to integrate its serverless Postgress database, enabling AI agents to deploy scalable, fast-provisioning data workloads. Databricks, a leading platform for data and AI ...

(Bloomberg) -- Databricks Inc. said it generated $1 billion in annual revenue and has diversified its business with new products and tools for artificial intelligence. The closely held software maker, ...