Databricks has released KARL, an RL-trained RAG agent that it says handles all six enterprise search categories at 33% lower cost than frontier models.

Databricks is having one of those years that most enterprise software companies would quietly envy. The data and AI platform says it has reached a $5.4bn annual revenue run rate, growing 65% year over ...

Databricks said it raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation. The company also said its annualized revenue exceeded $5.4 billion for the January ...

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Five years ago, Databricks coined the term 'data lakehouse' to describe a new type of data architecture that combines a data lake with a data warehouse. That term and data architecture are now ...

The IPO window may have cracked open, but it seems some former startups have no intention of going public. Makes sense, in a way: IPOs were traditionally a way to raise money, and if you can manage to ...

Databricks is raising over $4 billion in Series L funding that would value the data-analytics and artificial-intelligence software company at $134 billion, an increase of 34% from its last funding ...

Databricks is turning heads amid reports of a major new funding round following strong sales growth over the course of this year. The fast-growing AI and data analytics firm is looking to raise $5 ...

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 ...

Nov 17 (Reuters) - Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information ...

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