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DATABRICKS FUNDING ROUND
Will Databricks go public next year? CEO Ghodsi says focus is on winning, not timingAli Ghodsi says Databricks wants to avoid the mistake of 2022, when many newly public tech companies were forced to prioritise Ebitda and m...
Databricks in talks to raise capital at above $130 billion valuation: The InformationDatabricks is reportedly discussing a new funding round that could value the company at over $130 billion, far above its previous $100 bill...
Databricks, OpenAI team up to deliver AI models for enterprise clientsAs part of the agreement, OpenAI's AI models will be built directly into Databricks' cloud platform for enterprise data and analytics, as w...
Databricks AI chief to exit, launch a new computer startupNaveen Rao has also held early talks with other investors about backing the new company, which would focus on building a next-generation co...
Databricks to buy Sequoia-backed Tecton in AI agent pushTecton, backed by Sequoia Capital and Kleiner Perkins, provides software that helps companies analyze and deploy data at scale with low lat...
Missed Snowflake’s boom? Databricks’ $100 billion AI leap could be Wall Street’s next jackpotDatabricks $100 billion valuation latest news: Databricks, a rival to Snowflake in cloud data, is nearing a $100 billion valuation after a ...
Databricks eyes over $100 billion valuation as investors back AI growth plansThe company expects to use a portion of the latest funds in product development and for mergers and acquisitions in the AI segment, as corp...
Databricks commits $250 million to India in AI, R&D, and skilling pushDatabricks is set to significantly expand its presence in India, investing over $250 million to tap into the country's burgeoning AI talent...
3 highly anticipated IPOs that investors should wait for in 2025IPO stocks are expected to see a bright year ahead this 2025, especially backed by the ongoing bull run at the US stock market, giving the ...
Meta backs data analytics firm Databricks as AI boom attracts investorsCompanies, including Meta, have been investing heavily to build and train large language models (LLMs) such as ChatGPT, which are advanced ...
Mobikwik's public market debut; taxing times for e-gamingOne Mobikwik Systems made a strong debut on the bourses on Wednesday. This and more in today’s ETtech Top 5.
Databricks secures $62 billion valuation in AI-focused funding roundDatabricks secured a $62 billion valuation after a $10 billion funding round led by Thrive Capital, alongside other prominent investors. Th...
Databricks Secures Massive $10 Billion Funding Round, Setting New Heights with $62 Billion ValuationDatabricks has made headlines with a record-breaking $10 billion funding round, cementing its status as a tech powerhouse with a valuation ...
Databricks closes in on $55 billion valuation after latest fundraiseMost of the new funding would be in the form of a secondary share sale, where early investors and employees are allowed to cash out some of...
Databricks to buy data management firm Tabular for over $1 billionSan Francisco, California-based Databricks, a data analytics platform using artificial intelligence, said Tabular's team of about 40 member...
Databricks raises over $500 million at $43 billion valuationData analytics platform Databricks has secured over $500 million in funding, valuing the company at $43 billion. The funding round, led by ...
Databricks lands $1 billion from Amazon, Google, Microsoft, othersThe funding will enable Databricks to expand its "lakehouse" architecture, which draws data from various sources to help improve analytics.