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DATABRICKS FUNDING
Databricks in talks to raise funds at over $165 billion valuation: ReportData analytics software firm Databricks has discussed raising money in a funding round that could kick off within the next month and lif...
Thrive launches permanent capital arm, to buy stake in San Francisco GiantsThrive Capital has unveiled Thrive Eternal, a new venture for long-term investments. This permanent capital holding company aims to acquire...
Fund with stakes in SpaceX and Anthropic jumps 1,200% above asset valueThe Fundrise Innovation Fund (VCX) has seen its shares surge over 1,500% above net asset value, driven by investor demand for stakes in pre...
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...
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 $134 billion valuation: ReportThe company has increased its sales projections at least twice this year, the Information reported, adding that in September, Databricks re...
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...
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 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 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.