Databricks Inc. today put some meat on the bones of its announcement three weeks ago that it had raised new funding that valued the company at more than $100 billion. The company said it is closing a ...

Citing a commitment to open-source software for generative artificial intelligence development, Databricks Inc. said today it has made an unspecified strategic investment and partnership with large ...

Latest valuation a jump from $100 billion in August Databricks surpasses $4.8 billion revenue run rate in Q3 Funds to be used to expand research and for talent retention Company delivers positive free ...

The company will use the new financing to fuel its rapid growth through accelerated product development, international expansion and potential acquisitions. Data and AI platform developer Databricks ...

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.

As some high-valued tech startups look to the long-dormant IPO market for their next funding round, Databricks is still finding investors that are happy to keep the company private, at least for now.

Databricks strikes deal to buy Panther Labs in cybersecurity push Databricks said on Tuesday it had agreed to buy startup Panther Labs, as the U.S. data analytics provider pushes deeper into the ...