Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks, which offers companies tools for building agents on top of their data, plans to ...
Databricks said it is raising $4 billion at a $134 billion valuation to support AI app building. The valuation is a 34% jump from a funding round announced in August. Companies such as Databricks, ...
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 ...
Many enterprises running PostgreSQL databases for their applications face the same expensive reality. When they need to analyze that operational data or feed it to AI models, they build ETL (Extract, ...
Databricks edged out the "Big 3" cloud giants in the latest Gartner Magic Quadrant for Data Science and Machine Learning Platforms, which itself mirrors the industry shift to agentic AI, emphasizing ...
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.
Transactional database technology “hasn’t actually changed that much in the last 40 years” and is inadequate for today’s operational AI applications and agents, Databricks co-founder and CEO Ali ...
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 ...
For decades, the predictable rhythm of the per-seat licensing model shaped the industry. Businesses paid fixed subscriptions based on headcount, and software makers enjoyed stable, recurring revenue.