Just how hard will it be for some high-flying unicorns to go public? The question gets more serious and worrisome by the week. To understand how much the late-stage market has changed in the last few ...

Databricks, the open-source data lake and data management powerhouse has been on quite a financial run lately. Today Bloomberg reported the company could be raising a new round worth at least $1.5 ...

The San Francisco-based data analytics company Databricks has raised a stunning $10 billion funding round, which values the company at $62 billion and likely puts it on a path toward an IPO. The size ...

Open-source based large language models like Dolly are in high demand as enterprises want to use them for targeted or specific use cases, analysts said. Databricks has released an open-source based ...

Dec 16 (Reuters) - Databricks said on ‌Tuesday that it has raised more than $4 ‌billion at a valuation of $134 billion, the latest example of investors betting big on companies benefiting from the ...

Three main pressure points are transforming the modern data landscape: 1) Increased interest in adopting open table formats to allow any compute to operate on any data; 2) The point of control is ...

Databricks CEO Ali Ghodsi and Nvidia CEO Jensen Huang announced an expansion of their companies’ partnership at the Databricks Data and AI Summit. I was recently back in San Francisco, attending the ...

When Andrew Ferguson launched Databricks’ corporate venture arm three years ago, he wasn’t expecting to be writing checks quite this fast. Databricks Ventures has backed 25 companies already. In 2023, ...

At our inaugural Supercloud22 event this week, we sought community input to evolve the concept of a supercloud by iterating on the definition, the salient attributes and examples of what is and is not ...

As Databricks' annual conference in North America, Data + AI Summit, continues, so do the announcements from the company about new capabilities on its platform. Yesterday was focused on conventional ...

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics, digital operations, and solutions company, announces the strengthening of its partnership with Databricks, ...

Analytics and AI software platform Databricks just made a $100 million bet on OpenAI. That’s how much it’ll be paying for a multi-year deal that will see OpenAI’s models incorporated into Databrick ...