Databricks acquired cybersecurity startup Panther Labs, which had a $1.4 billion valuation after a 2021 funding round, to bolster its security offerings. The acquisition aims to enhance Databricks' co…
Enterprise AI inference costs have spiraled out of control, prompting a crisis as CFOs push back against ballooning token bills. Databricks CEO Ali Ghodsi called the situation unsustainable, and the c…
Databricks launched LTAP, a unified OLAP/OLTP architecture that eliminates ETL and pipelines by storing all data in the lake. The platform, powered by Lakebase, handles 12 million database launches da…
Databricks announced its intent to acquire Panther, a leading AI SOC platform, to accelerate its security lakehouse vision and disrupt legacy SIEMs. The acquisition will help organizations detect more…
Databricks announced CustomerLake, an Agentic Customer Data Platform (CDP) natively embedded in Databricks, at the Data + AI Summit. The platform enables marketers and data teams to deploy AI agents f…
Databricks CEO Ali Ghodsi announced June 4 that the $134 billion data and AI company plans to go public but will not do so in 2026, calling it a "terrible year to go public" due to an oversaturated IP…
Databricks CEO Ali Ghodsi told Bloomberg Television the data and AI company will not pursue an initial public offering in 2026, citing a crowded calendar of mega-offerings from SpaceX, Anthropic, and …
Databricks CEO Ali Ghodsi said 2026 is "a terrible year to go public" as SpaceX, Anthropic, and OpenAI prepare to absorb over $200 billion in IPO capital. The $134 billion data company will wait for a…