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Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
Databricks has just pulled off one of the defining capital raises of the AI era, securing a multibillion dollar round that assigns the data and AI company a towering $134 billion valuation. The deal ...
Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.
Databricks CEO Ali Ghodsi and Nvidia CEO Jensen Huang announced an expansion of their companies’ partnership at the Databricks Data and AI Summit. I was recently back in San Francisco, attending the ...
Since its launch in 2013, Databricks has relied on its ecosystem of partners, such as Fivetran, Rudderstack, and dbt, to provide tools for data preparation and loading. But now, at its annual Data + ...
Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $19 billion Valuation: ...
Databricks new Data Intelligence for Cybersecurity, built on the same data lakehouse architecture as the company’s flagship data and AI platform, is designed to help security teams more efficiently ...
eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...
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