The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain ...

The startup’s valuation jumps 40% as the AI boom has driven demand for its data-analytics software.

July 16 (Reuters) - Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data ...

US software and data analytics company Databricks is raising a strategic funding round at a $188bn valuation following the ...

Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.

When Databricks closes its new funding round, its valuation will get a 40% bump since it last raised capital in February. And ...

Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.

Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion.

At Data + AI Summit, Databricks CEO Ali Ghodsi unveiled LTAP, a new architecture that collapses the 40-year unification problem of OLTP and OLAP databases.

DX Foundation, an enterprise data strategy and AI consultancy firm based in Austin, Texas, has announced an official ...

Databricks was a hot IPO candidate, but now its raising its fourth round of private investment in the past year.

Databricks has signed a term sheet for fresh funding that values the company at $188 billion, as it steps up investments in ...