Databricks CEO says AI-powered coding, enterprise agents, and rapid app development could propel it into the trillion-dollar club.

The answer, according to new research from the data and AI platform company, is sobering. Even the best-performing AI agents achieve less than 45% accuracy on tasks that mirror real enterprise ...

Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco, California, U.S., on Tuesday, Oct. 22, 2019. Ghodsi ...

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, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, ...

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 ...

With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds. As one of the most ...

We knew AI was hot, but the last week has brought several announcements that show the industry is trying to bring AI and machine learning (ML) into the enterprise mainstream. With two AI acquisitions ...

Two months after closing its buy of MosaicML, Databricks is back with a fresh round of funding that values the data-analytics company at $43 billion. T. Rowe Price Associates led the $500 million ...