(Bloomberg/Mark Bergen and Brody Ford) — Databricks is raising over $4 billion in a new funding round that values the software firm at $134 billion, another example of how some tech companies are ...

Data analytics company Databricks is in discussions to raise about $5B at a $134B valuation, which is nearly 32 times this year's expected sales of about $4.1B, The Information reported, citing ...

As everyone from OpenAI co-founder Sam Altman to armchair economists debate whether we’re in an AI bubble, Databricks’ latest fundraising effort suggests at least some investors are still willing to ...

Update: The revised post updates with details from Databricks. San Francisco-based data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, almost 30% above ...

Many enterprises running PostgreSQL databases for their applications face the same expensive reality. When they need to analyze that operational data or feed it to AI models, they build ETL (Extract, ...

Sept 25 (Reuters) - Analytics firm Databricks said on Thursday it has partnered with OpenAI to integrate the ChatGPT maker's artificial intelligence models into its platforms for enterprise customers.

Analytics and AI software platform Databricks just made a $100 million bet on OpenAI. That’s how much it’ll be paying for a multi-year deal that will see OpenAI’s models incorporated into Databrick ...

Databricks, the $100 billion-valued AI data storage and analytics company, wants to help nurture fledgling companies. On Thursday, the company said it’s launching an accelerator program for seed and ...

SAO PAULO, Sept 16 (Reuters) - Databricks has acquired a minority stake in data and artificial intelligence consultancy Indicium, the companies said on Tuesday, marking the San Francisco-based firm's ...

Naveen Rao, the head of artificial intelligence at the $100 billion startup Databricks Inc., is planning to leave his position to launch a new venture making a novel type of computer, according to a ...

Databricks Inc. today put some meat on the bones of its announcement three weeks ago that it had raised new funding that valued the company at more than $100 billion. The company said it is closing a ...