While other AI startups have started the IPO process this year, Databricks is looking toward its next funding round.

Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.

On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products. Co-founder and CEO Ali Ghodsi wanted ...

Lovelytics named C&SI Energy and Utilities Partner of the Year and Brickbuilder Partner of the Year, recognized for delivering category-defining, repeatable AI solutions that accelerate time-to-value ...

Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $20 billion Valuation: ...

June 8 (Reuters) - Data analytics software firm Databricks has discussed raising funds in a round that could begin next month and value it ‌at between $165 billion and $175 billion, The Information ...

At Data + AI Summit, Databricks CEO Ali Ghodsi unveiled LTAP, a new architecture that collapses the 40-year unification ...

Forbes contributors publish independent expert analyses and insights. Victor Dey is an analyst and writer covering AI and emerging tech. This voice experience is generated by AI. Learn more. This ...

Databricks, a data software company, plans to sell shares to the public at some point, but won’t tap the public markets this year amid a flurry of planned tech IPOs.