Databricks raised $3 billion at a $188 billion valuation, a 40% increase from five months ago, driven by its pivot from data analytics to an enterprise AI control plane. CEO Ali Ghodsi revealed that D…
Databricks Inc. is raising a new funding round at a $188 billion valuation, led by Coatue, with plans to add $3 billion to its balance sheet. The company will use the capital to expand its AI capabili…
Databricks announced a new funding round at a $188 billion valuation, led by Coatue, as the company continues its transition into an AI provider. The round, expected to close later this summer, follow…
AI-native companies face margin pressure as agent-driven compute costs and usage-based pricing strain unit economics, with gross margins averaging 52% in 2026 versus 70-90% for classic software. Finan…
Databricks announced strategic funding at a $188 billion valuation, led by Coatue, to accelerate its AI strategy including Unity AI Gateway, Genie, and Lakebase. The company also published a blog on b…
Databricks raised a new funding round led by Coatue Management at a $188 billion valuation, exceeding its own earlier $175 billion target. The strategic round allows the company to raise capital for A…
Databricks announced a funding round at a $188 billion valuation, led by existing investor Coatue, to accelerate its AI strategy. The company will invest in Unity AI Gateway, Genie, and Lakebase to he…
Databricks raised $3 billion in a funding round led by Coatue Management, valuing the data and AI company at $188 billion, up from $134 billion five months earlier. The company's annualized revenue ru…
Retail finance teams are using agentic AI to protect omni-channel margins by managing complexity across channels, fulfillment, and returns. The technology helps finance leaders turn real-time data int…
Anthropic launched new cost-control features for Claude Enterprise, including spend alerts, cost-vs-output analytics, and model defaults, to help organizations manage rising AI inference costs. The mo…
At the Data + AI Summit 2026, Databricks and OpenAI showcased their partnership to help enterprises deploy AI agents in production, with OpenAI providing frontier intelligence and Databricks offering …
Elon Musk's xAI made Grok models available inside Databricks Agent Bricks on June 18, a distribution deal that places Grok as a native model choice for enterprise developers building AI agents on Data…
Databricks' Genie Ontology shifts enterprise AI focus from models to governed context layers, with human-defined semantics and machine-learned graphs compounding over time. The ontology, called the 's…
Databricks launched CustomerLake on June 16, 2026 at its Data + AI Summit, an agentic Customer Data Platform natively embedded in its lakehouse that eliminates the need to copy customer data into a se…
Databricks is raising another massive round of private capital instead of going public, targeting a valuation between $165 billion and $175 billion. CEO Ali Ghodsi called 2026 a 'terrible year to go p…
Databricks, the $134 billion data-and-AI company, is acquiring cybersecurity startup Panther Labs to challenge Splunk and CrowdStrike in the AI-powered security market. The deal aims to help enterpris…
Databricks, a data and AI platform valued at $134 billion, is doubling down on its open-source strategy by launching OpenSharing, Omnigent, and DBRX for open LLMs at its Data + AI Summit. The company …
Databricks announced the unification of OLAP and OLTP in its Lakehouse with a new LTAP architecture, combining Lakebase and the Lakehouse under a single governance model. The company also introduced L…
Databricks launched Genie One, an AI agentic coworker, as part of a Genie suite that uses Genie Ontology to provide business data context for accurate answers and actions. The suite includes Genie Age…
Databricks CEO Ali Ghodsi said at the Data + AI Summit that the proliferation of AI agents from vendors like Microsoft, Snowflake, and AWS is creating a 'quagmire' of lock-in and compatibility issues.…