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 ...

Databricks said on Thursday that it is incorporating OpenAI’s models, including GPT-5, into its data platform as well as its AI product, Agent Bricks, as part of a $100 million multi-year deal that ...

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 ...

Databricks Inc. today put some meat on the bones of its announcement three weeks ago that it had raised new funding that valued the company at more than $100 billion. The company said it is closing a ...

Just nine months after raising a whopping $10 billion (plus $5 billion in debt) in January, Databricks has confirmed another $1 billion raise at a $100 billion-plus valuation. When rumors of the raise ...

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.

Databricks, the $100 billion-valued AI data storage and analytics company, wants to help nurture fledgling companies. On Thursday, the company said it’s launching an accelerator program for seed and ...