In recent years, a number of companies have chosen to go public through SPACs -- but returns have largely been poor compared to the broader market. While investment banks are likely eager to work on a ...

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.

Cloud data platform provider Databricks Inc. today announced that it’s raising a very late-stage $10 billion funding round at a $62 billion valuation. The Series J investment doesn’t come as a ...

Continuing a deluge of announcements clustered around making it easier for enterprises to build artificial intelligence-based agents and applications, Databricks Inc. today is wrapping up its Data+AI ...

Upgrades to Databricks’ Mosaic AI, a deeper collaboration with Nvidia and the open-sourcing of Unity Catalog are among the biggest updates from Summit 2024. Upgrades to Databricks’ Mosaic AI unified ...