Verdict on MSN
Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
Databricks CEO Ali Ghodsi and Nvidia CEO Jensen Huang announced an expansion of their companies’ partnership at the Databricks Data and AI Summit. I was recently back in San Francisco, attending the ...
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...
Upgrades to Databricks’ Mosaic AI, a deeper collaboration with Nvidia and the open-sourcing of Unity Catalog are among the biggest updates from Summit 2024. Upgrades to Databricks’ Mosaic AI unified ...
Since its launch in 2013, Databricks has relied on its ecosystem of partners, such as Fivetran, Rudderstack, and dbt, to provide tools for data preparation and loading. But now, at its annual Data + ...
The data marketplace and other features are expected to accelerate data engineering tasks with an option for data monetization down the road, Databricks said. Along with open sourcing Delta Lake at ...
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