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

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

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 ...

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: ...

Enterprise organizations are not rejecting AI. They are rejecting operational instability. That is the shift many founders still misunderstand — and it is becoming one of the defining realities ...

One of the latest initiatives focuses on enabling AI agents to interact more effectively with telecom data and operational ...

Nasdaq consolidated enterprise and market data on Databricks to improve governance, speed product development and support AI ...

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. The company wants to sell shares ...

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 ...

Intel appointed Seok-Hee Lee EVP of Intel Foundry, cementing its intention to be a bigger contract manufacturer. Software delivery provider CloudBees named former Immuta Chief Product Officer Moritz ...

Genie Ontology aims to unify business definitions across systems, but analysts say data quality and governance will make or break adoption.