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AI STARTUP DATABRICKS
Agentic AI startup Sycamore raises $65 million led by Coatue, LightspeedSri Viswanath, a former partner at Coatue who left the firm to found Sycamore, told TechCrunch that he aims to create a complete agent orch...- Databricks to ramp up India hiring, R&D: CIO Naveen ZutshiDatabricks is ramping up hiring and investment in India, expanding its Bengaluru R&D centre as enterprise demand grows. With close to 1,000...
- PhonePe pauses IPO; Databricks' India ramp-upPhonePe has deferred its IPO citing the Iran war. However, sources tell us pricing of the issue was a key concern. This and more in today's...
- Databricks valued at $134 billion in latest fundraise: ReportDatabricks said on Monday it has raised about $5 billion in funding at a $134 billion valuation, as the data analytics software startup bol...
- 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 projects $4 billion in annual revenue on surging AI demandIn the second quarter, the company serving around 15,000 customers including energy major Shell and electric-vehicle maker Rivian, surpasse...
- 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...
- 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...
- AI analytics company Databricks looks to ramp up India playDatabricks is investing $250 million in India over three years to boost talent, R&D, and market expansion. Co-founder Arsalan Tavakoli high...
- Databricks continues M&A spree, will buy Neon for $1 billion in AI-agent pushDemand for AI agents, programs that need little human intervention in executing routine tasks such as writing code or sending emails, has b...
- 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...
- 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 ...
- 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 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...
- AI company Databricks finds India on a different trajectory, invests moreDatabricks, under CEO Ali Ghodsi, prioritizes India for investments to support startups with data solutions. The Mumbai infrastructure serv...
- 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 rolls out AI assistant to help analyse business dataDatabricks, a San Francisco-based startup most recently valued at $38 billion, is among several tech companies, including Adobe Inc and Int...
- Databricks strikes $1.3 billion deal for generative AI startup MosaicMLThe deal comes at a time when Artificial Intelligence (AI) is dominating the tech industry, with rapid AI thrusts coming from big tech, inc...
- Databricks pushes open-source chatbot as cheaper ChatGPT alternativeDatabricks CEO Ali Ghodsi said the release was aimed at demonstrating a viable alternative to training a kind of AI model called a large la...
- 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.
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