On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.

The data-analytics and AI software company is raising over $4 billion and crossed $4.8 billion in annual revenue rate.

Databricks said on Tuesday that it has raised more than $4 billion at a valuation of $134 billion, the latest example of ...

The capital infusion will allow the company to advance product development, provide liquidity for employees and support future AI acquisitions.

CEO Ali Ghodsi cofounded $38 billion Databricks with University of California, Berkeley researchers. The most important groundwork for building company culture was a strong founding team, Ghodsi says.

Ali Ghodsi knows a thing or two about the market’s current hype for tech companies: His San Francisco startup Databricks is closing one of the largest venture capital rounds in history, at $10 billion ...

In many industries, Databricks has become synonymous with modern data warehousing and data lakes. Since it's exactly these technologies that are at the core of what modern businesses are doing around ...

The march toward an open source ChatGPT-like AI continues. Today, Databricks released Dolly 2.0, a text-generating AI model that can power apps like chatbots, text summarizers and basic search engines ...

Databricks raised more than US$4 billion in a Series L funding round, valuing the data and AI company at US$134 billion.

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The $38 billion business that became Databricks Inc. started with the swipe of a credit card. The card belonged to Ali Ghodsi, Databricks’ chief executive officer, and he and his co-founders believed ...

Databricks is raising over $4 billion in a new funding round that values the software firm at $134 billion, another example ...