Data analytics company Databricks is in discussions to raise about $5B at a $134B valuation, which is nearly 32 times this year's expected sales of about $4.1B, The Information reported, citing ...

Databricks Inc. is exploring a new funding round that could value the fast-growing artificial intelligence and data software company at more than $130 billion, according to a report from The ...

Databricks Inc.’s 2026 State of AI Agents report, released today, documents rapid growth in the use of artificial intelligence agents within enterprises but acknowledges that few are deploying the ...

Databricks told investors and analysts on Wednesday that annualized revenue will hit $3.7 billion by July, with 50% year-over-year growth. CFO Dave Conte gave the briefing at the company's Data and AI ...

Recognized for strengths in Databricks modernization, AI/ML enablement, and accelerating decision intelligence through agent–based business outcomes SAN JOSE, Calif. and BENGALURU, India, April 17, ...

The number of companies using SaaS LLM APIs (used to access services like ChatGPT) has grown 1310% between the end of November 2022 and the beginning of May 2023, according to the report, which ...

The fast-growing data lakehouse and AI platform developer is reportedly in talks with global investment management company T. Rowe Price for a new round of financing as plans for an IPO remain on hold ...

Update: The revised post updates with details from Databricks. San Francisco-based data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, almost 30% above ...