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…
AI-native gross margins reached about 52% in 2026, up from 41% in 2024 (ICONIQ), but still short of the 70-90% that classic software earns, as agents reshape compute consumption, pricing, and revenue …
Databricks announced strategic funding at a $188 billion valuation, led by existing investor Coatue, to accelerate its AI strategy by doubling down on Unity AI Gateway, Genie, and Lakebase. The compan…
Databricks has reached a $188bn valuation in a new funding round led by Coatue Management, surpassing the $175bn figure it was reportedly in talks to raise at weeks earlier. Coatue is investing roughl…
Databricks announced strategic funding at a $188 billion valuation, led by existing investor Coatue, to accelerate its AI strategy. The company will use the capital to strengthen Unity AI Gateway, exp…
Coatue Management is leading a $3 billion investment in Databricks, valuing the data and AI company at $188 billion, up from $134 billion five months earlier. The round comes as Databricks' annualized…
Retail finance teams are using agentic AI to protect omni-channel margins as complexity from multiple channels, fulfillment paths, and returns grows. Gartner expects agentic AI to make 15 percent of d…
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.…