The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.

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: ...

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 ...

Sept 8 (Reuters) - Data analytics firm Databricks said on Monday it was on track to hit $4 billion in annualized revenue on the back of booming demand for its artificial intelligence products, as it ...

Continuing a deluge of announcements clustered around making it easier for enterprises to build artificial intelligence-based agents and applications, Databricks Inc. today is wrapping up its Data+AI ...

Databricks Inc. has snapped up a startup called BladeBridge Inc., which offers tools for migrating enterprise data warehouses. The big-data company said Wednesday it plans to integrate its technology ...

Since its launch in 2013, Databricks has relied on its ecosystem of partners, such as Fivetran, Rudderstack, and dbt, to provide tools for data preparation and loading. But now, at its annual Data + ...

Sept 25 (Reuters) - Analytics firm Databricks said on Thursday it has partnered with OpenAI to integrate the ChatGPT maker's artificial intelligence models into its platforms for enterprise customers.

Automation and integration were key themes at Databricks’ annual customer conference, as it showed off new generative and agentic AI features coming to its cloud data lakehouse platform. At Databricks ...