Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion.

Hyperscale combines strong write performance, flexible storage and fast replica creation for databases of nearly any size.

A year ago, it acquired Numbers Station which has an agentic AI approach, honed at Stanford, to automate complex data ...

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models ...

The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain ...

Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data analytics software ...

Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.

Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.

Databricks was a hot IPO candidate, but now its raising its fourth round of private investment in the past year.

Databricks completed a term sheet agreement for a $3 billion strategic investment led by Coatue The funding values the company at $188 billion, representing a 40% increase from its $134 billion ...