The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain ...

July 16 (Reuters) - Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data ...

Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.

Progress Software is to acquire Domo's AI and data platform business in a transaction valued at a headline purchase price of ...

A year ago, it acquired Numbers Station which has an agentic AI approach, honed at Stanford, to automate complex data ...

Databricks completed a term sheet agreement for a $3 billion strategic investment led by Coatue The funding values the company at $188 billion, representing a 40% increase from its $134 billion ...

Jefferies says Snowflake (SNOW) could rerate higher after Databricks’ $188B valuation, citing revenue multiples and AI/GPU ...

July 23 (Reuters) - Databricks said on Thursday it would expand its partnership with Microsoft through the 2030s, a deal under which it will increase its use of the Azure platform and Microsoft's ...

Databricks and Microsoft (MSFT) have extended their strategic partnership into the 2030s to help scale enterprise AI.

Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion.

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models ...

Ali Ghodsi, CEO of Databricks, says aspiring CEOs in any industry must be prepared with some background or working knowledge of AI.