Databricks closed a $5 billion funding round at a $190 billion valuation, with CEO Ali Ghodsi stating that AGI has already arrived and the model race is over, emphasizing that companies owning data co…
Databricks raised $5 billion at a $190 billion valuation, up from its earlier $188 billion valuation, after investor demand reached $15 billion against the company's initial target of $1 billion, CEO …
Databricks announced it crossed $7 billion in revenue run-rate, growing over 80% year over year in Q2, and raised $5 billion in its latest fundraise. The company reported $100 million+ revenue run-rat…
Databricks closed a funding round at a $188 billion valuation, led by Coatue Management with roughly $3 billion invested, nearly tripling its valuation from $62 billion in late 2024. The company repor…
Databricks raised $5 billion at a $190 billion valuation, with CEO Ali Ghodsi claiming that AGI has already arrived, but the key to unlocking its potential lies in context that models currently lack.…
PitchBook data shows $1,786.8 billion in US VC-backed IPO value through July 28, 2026, but SpaceX's June 12 IPO at a $1.77 trillion valuation accounts for about $1,770 billion of that total, leaving t…
Databricks Lakebase, a Postgres-compatible database with decoupled storage on lake storage, enables sub-second branching and ephemeral instances, making it suitable for agentic data projects that need…
The Cerebral Valley AI Summit will return to San Francisco on Thursday, Nov. 12, featuring speakers Dario Amodei, CEO of Anthropic; Ali Ghodsi, CEO of Databricks; and Nikesh Arora, CEO of Palo Alto Ne…
Healthcare CFOs are turning to AI and agents to automate financial functions and protect margins, but disjointed data systems and delayed information create risk, according to a PWC report. A new onto…
Energy CFOs face widening volatility as AI-driven demand pushes wholesale power prices near data centers up to 267% above normal, according to Bloomberg. Databricks introduced Genie, a data-smart AI c…
An estimated $1.7 trillion sits trapped in excess working capital across large US companies, according to The Hackett Group, as manufacturing finance faces rising complexity from AI and agents. Databr…
Telecom finance teams face approximately $40 billion in annual revenue leakage, according to TM Forum, as agentic AI reshapes billing and fraud systems. Elena Tesser reports that accurate, real-time r…
Media finance teams must understand audience value as the primary asset, with AI and agents reshaping measurement, subscription pricing, and content investment, according to Elena Tesser. Ad-supported…
Microsoft and Databricks announced a multi-year partnership on June 12, 2025, at the Data + AI Summit in San Francisco to embed agentic AI across the Azure ecosystem, targeting enterprise data governa…
Microsoft and Databricks announced an expansion of their decade-long strategic partnership, extending into the 2030s, to help enterprises ground AI in business context. Databricks will deepen its use …
Infrastructure automation startup SkyPilot Inc. launched today with $20 million in seed funding led by Lux Capital, with participation from Databricks CEO Ali Ghodsi, Google chief scientist Jeff Dean,…
SkyPilot emerged from stealth on July 21 with a $20 million seed round led by Lux Capital, backed by personal checks from Databricks CEO Ali Ghodsi, Google chief scientist Jeff Dean, Hugging Face CEO …
Databricks raised $3 billion at a $188 billion valuation, a 40% jump from its $134 billion mark five months ago, and revealed that its 3,000 engineers are defaulting to Chinese open-source model GLM 5…
Databricks Inc. is finalizing a funding round that will value it at $188 billion, with Coatue leading the $3 billion investment. The company plans to use the proceeds to expand its AI capabilities, fo…
Databricks announced a new funding round led by Coatue that values the company at $188 billion, extending its fundraising streak as it transforms into an AI provider. The round is expected to close la…