Databricks said it is raising $4 billion at a $134 billion valuation to support AI app building. The valuation is a 34% jump from a funding round announced in August. Companies such as Databricks, ...

Data analytics company Databricks says its mission is to deliver data intelligence to every enterprise by allowing organizations to understand and use their unique data to build their own AI systems.

Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $20 billion Valuation: ...

Data lakehouse provider Databricks has released a family of open-source large language models (LLM), DBRX, that it says outperforms OpenAI’s GPT 3.5 and open-source models such as Mixtral, Claude 3, ...

Databricks Inc. today launched DBRX, a general-purpose large language model that it says outperforms all existing open-source models — and some proprietary ones — on standard benchmarks. The company ...

With an overflowing war chest from its $5 billion raise that closed last month (not to mention billions in revenue), Databricks is acquiring. The company, best known for its cloud data analytics ...

The data and AI giant will use its latest capital infusion to accelerate development of its Lakebase database for AI agents and Genie conversational AI assistant. Databricks’ astronomical growth ...

Databricks is one of the most widely followed and highly valued companies in the start-up world. Its Lakehouse platform, which makes it easier for companies to access and analyze their data, is ...