Big-data analytics firm Databricks Inc. has emerged as an unlikely player in the generative artificial intelligence space, open-sourcing a new AI model that it claims is “as magical as ChatGPT,” ...
On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.
Databricks is an innovative data analytics platform designed to simplify the process of building big data and artificial intelligence (AI) solutions. It was founded by the original creators of Apache ...
Databricks Gains MosaicML and Its Generative AI for $1.3 Billion Your email has been sent MosaicML will join the Databricks family in a $1.3 billion deal and provide its “factory” for building ...
Ali Ghodsi says Databricks wants to avoid the mistake of 2022, when many newly public tech companies were forced to ...
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 ...
How much will the changing valuation profile of software companies impact the highest-flying private unicorns? Also, why hasn’t Databricks gone public yet? The answer to the former might be the answer ...
Three main pressure points are transforming the modern data landscape: 1) Increased interest in adopting open table formats to allow any compute to operate on any data; 2) The point of control is ...
Verdict on MSN
Databricks announces $4bn funding at $134bn valuation
Databricks has announced plans to raise more than $4bn in a Series L funding round that values the company at $134bn. The San Francisco-based data and AI company surpassed a $4.8bn revenue run-rate ...
Databricks and Glean CEOs say AI automation isn't as easy as many leaders thought. "It's not just you can just unleash the ...
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