Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That ...

Databricks Inc. has closed the mammoth $10 billion funding round it announced last month. The company disclosed the milestone today alongside the completion of a new $5.25 billion debt raise. JPMorgan ...

Today, at its annual Data + AI Summit, Databricks announced that it is open-sourcing its core declarative ETL framework as Apache Spark Declarative Pipelines, making it available to the entire Apache ...

$1 Billion Deal: Databricks to Acquire Neon and Boost AI-Driven Databases Your email has been sent Databricks, a leading platform for data and AI solutions, has announced plans to acquire Neon, a ...

Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. The San Francisco-based company also ...

The capital will be allocated to several initiatives, including the development of new AI products, strategic acquisitions and the expansion of international market operations Databricks has declared ...

Ali Ghodsi, Co-Founder and CEO of Databricks, commented on the enthusiastic response from investors. He said that the firm's new and existing investors and strategic partners who participated in the ...