The Next Web

Databricks hits $5.4B revenue run rate and banks a $134B valuation in a rare software surge

Databricks is having one of those years that most enterprise software companies would quietly envy. The data and AI platform says it has reached a $5.4bn annual revenue run rate, growing 65% year over ...
Forbes

Databricks Says AI Agents Now Build 80% Of Enterprise Databases

Forbes contributors publish independent expert analyses and insights. Victor Dey is an analyst and writer covering AI and emerging tech. This voice experience is generated by AI. Learn more. This ...
dbta

Databricks Lakebase is Now Generally Available, Delivering Reliability, Performance, and Governance

Databricks announced the Databricks Lakebase is now generally available on AWS—introducing a new class of operational database that treats infrastructure as a flexible, on-demand service. According to ...
CNBC

Databricks obtains $1.8 billion in additional debt ahead of IPO

Databricks now has access to over $7 billion in debt, a person familiar with the matter told CNBC. Investors valued the data analytics software maker at $134 billion in a funding round announced in ...
InfoWorld

Databricks says its Instructed Retriever offers better AI answers than RAG in the enterprise

Databricks says Instructed Retriever outperforms RAG and could move AI pilots to production faster, but analysts warn it could expose data, governance, and budget gaps that CIOs can’t ignore.
VentureBeat

Databricks' Instructed Retriever beats traditional RAG data retrieval by 70% — enterprise metadata was the missing link

A core element of any data retrieval operation is the use of a component known as a retriever. Its job is to retrieve the relevant content for a given query. In the AI era, retrievers have been used ...
The Business Journals

Databricks' valuation skyrockets after massive funding round that will let employees cash out. Is an IPO next?

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Here's where the San Francisco ...
Benzinga.com

Databricks In Talks To Raise $5 Billion At A Massive $134 Billion Valuation Amid Explosive Sales Growth

Databricks is turning heads amid reports of a major new funding round following strong sales growth over the course of this year. The fast-growing AI and data analytics firm is looking to raise $5 ...
SiliconANGLE

Databricks reportedly in talks to raise $5B at $134B valuation

Data analytics and artificial intelligence company Databricks Inc. is reportedly in talks to raise $5 billion in new funding on a $134 billion valuation. The new funding, if it should happen The ...
Reuters

Databricks in talks to raise capital at above $130 billion valuation, The Information reports

Nov 17 (Reuters) - Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information ...
Business Wire

Celonis Partners with Databricks to Power Enterprise AI that Continuously Improves Business Operations

MUNICH & NEW YORK--(BUSINESS WIRE)--Celonis, a global leader in Process Intelligence, today announced a partnership with Databricks, the Data and AI company, to provide customers with a seamless, ...