Data and AI company Databricks said it has completed $5 billion of new equity financing and secured about $2 billion of additional debt capacity, lifting total new investments to more than $7 billion ...
Databricks now has access to over $7 billion in debt, a person familiar with the matter told CNBC. Investors valued the data analytics software maker at $134 billion in a funding round announced in ...
(Bloomberg/Mark Bergen and Brody Ford) — Databricks is raising over $4 billion in a new funding round that values the software firm at $134 billion, another example of how some tech companies are ...
Data analytics company Databricks is in discussions to raise about $5B at a $134B valuation, which is nearly 32 times this year's expected sales of about $4.1B, The Information reported, citing ...
As everyone from OpenAI co-founder Sam Altman to armchair economists debate whether we’re in an AI bubble, Databricks’ latest fundraising effort suggests at least some investors are still willing to ...
Data analytics and artificial intelligence company Databricks Inc. is reportedly in talks to raise $5 billion in new funding on a $134 billion valuation. The new funding, if it should happen The ...
Data intelligence company Databricks is reportedly already in talks to raise fresh capital, just a few months after its last fundraise. Databricks is holding conversations to raise a funding round ...
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, ...
Sept 25 (Reuters) - Analytics firm Databricks said on Thursday it has partnered with OpenAI to integrate the ChatGPT maker's artificial intelligence models into its platforms for enterprise customers.
Databricks, the $100 billion-valued AI data storage and analytics company, wants to help nurture fledgling companies. On Thursday, the company said it’s launching an accelerator program for seed and ...