By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of ...

Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.

AI isn't going to replace major SaaS apps with vibe-coded versions, Databricks CEO Ali Ghodsi believes. But it could give ...

Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...

Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...

The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...

Databricks has emerged as a competitive threat to Snowflake. A $15 billion fundraising round earlier this year confirms the excitement around this company. According to the CFO, revenue was on track ...

Bloomberg’s sources said that the financing was provided by private credit lenders and broadly syndicated loan investors. Those are investors who purchase corporate debt through a bank. According to ...

With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds. As one of the most ...