By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of ...
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
Databricks secures $5 billion in funding at a $134 billion valuation to accelerate its AI products and serverless database, surpassing rival Snowflake..
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...
Feb ‌9 (Reuters) - ​Databricks ‌completed ​its ‍latest ​funding ​round of $5 ⁠billion, ‌at a ​valuation ‌of $134 ‍billion, ...
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center ...
Boards are pushing for AI, but Nintex CTO Niranjan Vijayaragavan warns that without a foundation of traditional auto-mation ...
Snowflake and OpenAI have struck a multi-year, $200 million partnership to embed OpenAI’s models directly into Snowflake’s data platform, as vendors push to turn large language models into practical ...
The Lakebase service has been in development since June 2025 and is based on technology Databricks gained via its acquisition ...
By understanding sensitive tables, costly transformations, and mission‑critical pipelines, Cortex Code is designed to helps ...
The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.
The deal, which integrates OpenAI’s most advanced models directly into Snowflake’s data infrastructure, represents a significant tactical shift for both firms, signalling that the battle for ...