In recent years, a number of companies have chosen to go public through SPACs -- but returns have largely been poor compared to the broader market. While investment banks are likely eager to work on a ...

Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $19 billion Valuation: ...

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 ...

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.

Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth efforts. The company first disclosed the investment late last year when it ...

Databricks just announced new financials, revealing more about the real productivity impact of AI agents. Of the databases on Databricks' platform, 80% are now being built by AI agents, not people.

Databricks is applying its AI and data platform—and disclosing two acquisitions—as it brings an agentic approach to traditional SIEM cybersecurity. Databricks is expanding into the cybersecurity space ...