The Department of Homeland Security is preparing a blanket purchase agreement to ensure the continued operation of its data lakehouse environment and intelligence platform. Sign up for the Potomac ...

Here’s a little secret for you: The next wave of AI success is going to be completely dependent on structured data. Maybe that’s a no-brainer to you. Maybe I’m telling you that the next time you take ...

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 Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth efforts. The company first disclosed the investment late last year when it ...

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 ...

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 ...

Databricks now has access to over $7 billion in debt, a person familiar with the matter told CNBC. Investors valued the data analytics software maker at $134 billion in a funding round announced in ...

Software maker Databricks Inc. has lined up $1.8 billion of new financing from broadly syndicated loan investors and private credit lenders. The company increased an existing delayed-draw term loan to ...

(Bloomberg/Mark Bergen and Brody Ford) — Databricks is raising over $4 billion in a new funding round that values the software firm at $134 billion, another example of how some tech companies are ...

Ali Ghodsi, co-founder and chief executive officer of Databricks, in 2019. Correspondent Welcome back to In the Loop, TIME’s new twice-weekly newsletter about AI. If you're reading this in your ...

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 ...

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 ...