Databricks raises $4B at $134B valuation as its AI business heats up

The data intelligence company has just raised more than $4 billion in a Series L funding round at a $134 billion valuation — ...

Databricks' OfficeQA uncovers disconnect: AI agents ace abstract tests but stall at 45% on enterprise docs

The answer, according to new research from the data and AI platform company, is sobering. Even the best-performing AI agents achieve less than 45% accuracy on tasks that mirror real enterprise ...
The Daily Overview on MSN

Databricks secures new money and locks in a $134B price tag

Databricks has just pulled off one of the defining capital raises of the AI era, securing a multibillion dollar round that ...
SiliconANGLE

As Databricks enhances its playbook using generative AI, analysts weigh in

As artificial intelligence continues to gain steam through generative AI and large language models, enterprises seek to embrace this cutting-edge technology. Databricks Inc. intends to enhance its ...

Databricks CEO Sounds Alarm on AI Valuations as Market Frenzy Intensifies

As investment dollars continue to flood into artificial intelligence, the chief executive of Databricks is urging caution, ...

Databricks Grows >55% YoY, Surpasses $4.8B Revenue Run-Rate, and is Raising >$4B Series L at $134B Valuation

Databricks Grows >55% YoY, Surpasses $4.8B Revenue Run-Rate, and is Raising >$4B Series L at $134B Valuation Company accelerates investments in Agent Bricks, Lakebase and Databricks Apps to power Data ...

AI CEOs say automation with AI is harder than it looks

The CEOs of Databricks and Glean say AI can't automate work as easily as expected.
Reuters

Databricks releases free data for training AI models for commercial use

April 12 (Reuters) - Databricks, a San Francisco-based startup last valued at $38 billion, released a trove of data on Wednesday that it says businesses and researchers can use to train chatbots ...