Databricks said it raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation. The company also said its annualized revenue exceeded $5.4 billion for the January ...

Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth efforts. The company first disclosed the investment late last year when it ...

Databricks’ Mosaic AI Research team has added a new framework, MemAlign, to MLflow, its managed machine learning and generative AI lifecycle development service. MemAlign is designed to help ...

Data and AI company Databricks said it has completed $5 billion of new equity financing and secured about $2 billion of additional debt capacity, lifting total new investments to more than $7 billion ...