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Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said ...

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.

Just nine months after raising a whopping $10 billion (plus $5 billion in debt) in January, Databricks has confirmed another $1 billion raise at a $100 billion-plus valuation. When rumors of the raise ...

Databricks has emerged as a competitive threat to Snowflake. A $15 billion fundraising round earlier this year confirms the excitement around this company. According to the CFO, revenue was on track ...

Adastra has been named an Elite Partner in the Databricks Partner Program, marking an exciting new chapter in their long-standing collaboration. The recognition highlights Adastra’s strong track ...

Analytics and AI software platform Databricks just made a $100 million bet on OpenAI. That’s how much it’ll be paying for a multi-year deal that will see OpenAI’s models incorporated into Databrick ...

Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. Before launching artificial intelligence agents, businesses want ...

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 ...

The artificial intelligence era won’t be decided only by providers of large language models such as OpenAI. Databricks made a big play at its annual Data+AI Summit in San Francisco this week to lead ...

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 ...