Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, ...

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 ...

Artificial intelligence and analytics firm Databricks announced Thursday it raised more than $500 million in a Series I funding round including a new strategic investor in AI leader Nvidia, as ...

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 ...

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 ...

Ali Ghodsi, co-founder and chief executive officer of Databricks, in 2019. Correspondent Welcome back to In the Loop, TIME’s new twice-weekly newsletter about AI. If you're reading this in your ...

Latest valuation a jump from $100 billion in August Databricks surpasses $4.8 billion revenue run rate in Q3 Funds to be used to expand research and for talent retention Company delivers positive free ...

When he was in college in Sweden, Ali Ghodsi read an article about a chief executive who was hired to save a struggling tech company. It reminded him of the surgeries his parents, both doctors, ...

Databricks CEO Ali Ghodsi and his cofounders weren’t interested in starting a business, and even less interested in making a profit on the tech. Eight years later, at least three are billionaires.

Databricks raises $10 billion in oversubscribed funding round Funding to support employee stock cash-out, AI talent hiring, and M&A Dec 17 (Reuters) - Databricks has secured a $62 billion valuation ...