Databricks, the open-source data lake and data management powerhouse has been on quite a financial run lately. Today Bloomberg reported the company could be raising a new round worth at least $1.5 ...
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 ...
Big-data analytics firm Databricks Inc. has emerged as an unlikely player in the generative artificial intelligence space, open-sourcing a new AI model that it claims is “as magical as ChatGPT,” ...
Forbes contributors publish independent expert analyses and insights. I write about enterprise software technology and trends. Tell us a little bit about how Databricks is helping companies analyze ...
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.
AI isn't going to replace major SaaS apps with vibe-coded versions, Databricks Ali Ghodsi believes. But it could give rise to competitors.
Databricks is anticipating sales growth above 60% to $2.4 billion in annualized revenue for first half of year. CFO Dave Conte provided the figures at an investor briefing at the company's Data and AI ...
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eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...