Databricks has emerged as a competitive threat to Snowflake. A $15 billion fundraising round earlier this year confirms the excitement around this company. According to the CFO, revenue was on track ...
Investor's Business Daily on MSN
Snowflake rival Databricks raising new funds at $134 billion valuation for AI startup
Databricks is raising a fresh $4 billion at a reported $134 billion valuation, the Wall Street Journal reported Tuesday. The ...
With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds. As one of the most ...
Databricks, which has traditionally appealed to coding-savvy data scientists and data engineers, is making a play to broaden its base of users with new products unveiled this week at the company’s ...
Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That ...
Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more The heated competition between enterprise ...
In recent years, a number of companies have chosen to go public through SPACs -- but returns have largely been poor compared to the broader market. While investment banks are likely eager to work on a ...
Companies such as Databricks, SpaceX and OpenAI have reached mega valuations while staying private for longer.
OpenAI and Databricks unveiled a new, multi-year, $100M partnership on Thursday to expand the usage of OpenAI's artificial intelligence models. The deal will see OpenAI's models become natively ...
Databricks has attracted increasing attention in recent months. Although it is currently a privately held company, it raised a considerable amount of money earlier this year and reported an annualized ...
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