Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth efforts. The company first disclosed the investment late last year when it ...
Databricks now has access to over $7 billion in debt, a person familiar with the matter told CNBC. Investors valued the data analytics software maker at $134 billion in a funding round announced in ...
Databricks says Instructed Retriever outperforms RAG and could move AI pilots to production faster, but analysts warn it could expose data, governance, and budget gaps that CIOs can’t ignore.
Databricks has announced plans to raise more than $4bn in a Series L funding round that values the company at $134bn. The San Francisco-based data and AI company surpassed a $4.8bn revenue run-rate ...
Databricks has raised more than $4 billion in a Series L funding round, valuing the data and artificial intelligence software company at $134 billion. The financing marks one of the largest private ...
As everyone from OpenAI co-founder Sam Altman to armchair economists debate whether we’re in an AI bubble, Databricks’ latest fundraising effort suggests at least some investors are still willing to ...
Data analytics and artificial intelligence company Databricks Inc. is reportedly in talks to raise $5 billion in new funding on a $134 billion valuation. The new funding, if it should happen The ...
Nov 17 (Reuters) - Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information ...
There is a lot of enterprise data trapped in PDF documents. To be sure, gen AI tools have been able to ingest and analyze PDFs, but accuracy, time and cost have been less than ideal. New technology ...
Databricks is trying to carve out a bigger role in cybersecurity for itself with the launch of “Data Intelligence for Cybersecurity,” a platform aimed at unifying fragmented security data and powering ...
OpenAI and Databricks signed a multiyear, $100 million deal to sell artificial intelligence services to large business customers, aiming to make it easier for them to build AI agents with their own ...
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 ...
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