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 ...

The hyperscalers, cloud builders, HPC centers control the design and manufacturing of own AI infrastructure. They have big bucks, and they can afford to get exactly what they want. For the rest of the ...

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 Lakehouse Platform combines cost-effective data storage with machine learning and data analytics, and it's available on AWS, Azure, and GCP. Could it be an affordable alternative for your ...

Databricks has announced plans to raise more than $4bn in a Series L funding round that values the company at $134bn. The San Francisco-based data and AI company surpassed a $4.8bn revenue run-rate ...

Is Databricks poised to give OpenAI’s ChatGPT a run for its money with the open-source release of Dolly 2.0? There's a new player in the language model market trying to challenge OpenAI's dominance.

The capital infusion will allow the company to advance product development, provide liquidity for employees and support future AI acquisitions.

Citing a commitment to open-source software for generative artificial intelligence development, Databricks Inc. said today it has made an unspecified strategic investment and partnership with large ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Huileng Tan Every time Huileng publishes a story, you’ll get an alert straight to your inbox!

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 ...