Transactional database technology “hasn’t actually changed that much in the last 40 years” and is inadequate for today’s operational AI applications and agents, Databricks co-founder and CEO Ali ...

US-based data analytics platform Databricks has struck a deal to acquire Neon, a serverless Postgres database company. While the company did not disclose the deal value, a report by Reuters said the ...

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: ...

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.

With an overflowing war chest from its $5 billion raise that closed last month (not to mention billions in revenue), Databricks is acquiring. The company, best known for its cloud data analytics ...

Databricks, the Data and AI company and a provider of data lakehouse architecture, is acquiring the German startup, 8080 Labs, enabling the company to integrate UI-driven capabilities across ...

Databricks said it is raising $4 billion at a $134 billion valuation to support AI app building. The valuation is a 34% jump from a funding round announced in August. Companies such as Databricks, ...

REDWOOD CITY, Calif., June 12, 2025--(BUSINESS WIRE)--Informatica (NYSE: INFA), an AI-powered enterprise cloud data management leader, today announced a significant expansion of its partnership with ...

At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...