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 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…
Databricks launched Lakebase, a fully managed, serverless Postgres database built for the agentic era, alongside partner accelerators for automated database migration, stateful memory for agentic AI, …
Databricks announced the Public Preview of Feature Views, a managed framework for building, serving, and governing ML features within its platform. The feature allows data scientists to define feature…
Databricks' Data + AI Summit 2026 introduced LTAP, a unified infrastructure for operational and analytical data built on Lakebase and Unity Catalog, aiming to eliminate CDC pipelines and governance dr…
EnterpriseDB argues that lakehouse architectures are ill-suited for real-time AI agents, advocating instead for operational databases as the foundation for live, governed data. The company criticizes …
Databricks co-founder Reynold Xin explains the limitations of traditional monolithic OLTP databases and introduces Lakebase, a serverless Postgres database that externalizes storage and compute. The a…
Databricks announced LTAP (Lake Transactional/Analytical Processing) at Data + AI Summit, aiming to unify OLTP and OLAP on a single storage layer by writing directly into Delta and Iceberg formats via…
Databricks co-founders Matei Zaharia and Reynold Xin argue that the frontier AI ecosystem must remain open, unveiling Omnigent, an open-source meta-harness for combining and controlling agents across …
Kythera Labs is building an AI-native healthcare strategy platform on Databricks that gives health systems access to expert intelligence by transforming 339 billion claims records into a trustworthy d…
Databricks has been positioned as a Leader in the Gartner Magic Quadrant for AI Platforms for Data Science and Machine Learning for the second consecutive year, achieving the highest placement in exec…
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 announced five new additions to its Free Edition, including Genie Code, serverless GPUs, Lakebase, Agent Bricks, and Lakeflow Designer, giving users a complete toolkit for building end-to-e…
Databricks reported annualized revenue exceeding $5.4 billion with sales growth above 65%, but gross margins fell from over 80% to the mid-70% range due to rising AI infrastructure costs. The company'…
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 at its Data + AI Summit 2026 that Agent Bricks is now generally available, with over 100,000 agents built on the platform processing one quadrillion tokens annually. The company i…
Databricks launched Lakebase Search, a hybrid vector and full-text retrieval system built into Lakebase Postgres, now in beta on AWS and Azure. The system uses tiered storage to keep active data in RA…
Kim Hatton, Global Financial Services Marketing Leader at Databricks, discusses her career journey from marketing regulated financial products to leading data platform marketing, highlighting how Data…
ERGO Hestia, a leading Polish insurer, reduced its time-to-market for pricing models by adopting Databricks' Lakebase and Mosaic AI Model Serving to unify data and model serving within a single lakeho…