Latest valuation a jump from $100 billion in August Databricks surpasses $4.8 billion revenue run rate in Q3 Funds to be used to expand research and for talent retention Company delivers positive free ...

Databricks is raising over $4 billion in Series L funding that would value the data-analytics and artificial-intelligence software company at $134 billion, an increase of 34% from its last funding ...

Databricks is turning heads amid reports of a major new funding round following strong sales growth over the course of this year. The fast-growing AI and data analytics firm is looking to raise $5 ...

Nov 17 (Reuters) - Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information ...

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.

Databricks Inc. today introduced a new serverless database called Lakebase that can process more than 10,000 queries per second. The service is based on PostgreSQL, a popular open-source relational ...

Asus, Dell, HP, and others are making their own supercomputers powered by Nvidia’s Grace Blackwell platform. Asus, Dell, HP, and others are making their own supercomputers powered by Nvidia’s Grace ...

Roche has recently launched a “fundamental reorganization” of Spark Therapeutics, the gene therapy unit the Swiss pharma bought for $4.3 billion in 2019. Roche described the restructuring in its ...

Chevy is resurrecting both the Spark and EUV nameplates with the all-new, affordable Chevy Spark EUV. GM hopes its new, 249-mile range EV will be a “game changer” that helps accelerate the company’s ...

Databricks Inc. has snapped up a startup called BladeBridge Inc., which offers tools for migrating enterprise data warehouses. The big-data company said Wednesday it plans to integrate its technology ...