Databricks said on Thursday it would expand its partnership with Microsoft through the 2030s, a deal ​under which it will increase its use of ‌the Azure platform and Microsoft's custom chips.

When Databricks closes its new funding round, its $188 billion valuation will be a 40% bump over when it last raised capital in February. And that’s restrained compared with its AI industry peers.

Databricks was a hot IPO candidate, but now its raising its fourth round of private investment in the past year.

Databricks has remade its image into an AI company and has published research on the cost savings of open-weight AI models ...

The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain ...

Databricks completed a term sheet agreement for a $3 billion strategic investment led by Coatue The funding values the company at $188 billion, representing a 40% increase from its $134 billion ...

Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.

Databricks said on Thursday it has signed a term ​sheet for a strategic funding round that ‌values the data analytics ...

READING, Pa. – As the race to expand artificial intelligence accelerates, so does the demand for data centers, and legislators in Reading are thinking ahead. Reading City Council member Jaime Baez Jr.

Press ReleaseNokia, Databricks demonstrate unified data platform for autonomous networks Proof of concept validates cloud-agnostic approach for network operators to scale AI-driven operations, deploy ...

As enterprises rush to deploy generative and agentic AI, many are discovering that the biggest barriers to scale have little to do with technology. In fact, organizations have largely solved the ...