Verdict on MSN
Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $19 billion Valuation: ...
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks said it is raising $4 billion at a $134 billion valuation to support AI app ...
Three main pressure points are transforming the modern data landscape: 1) Increased interest in adopting open table formats to allow any compute to operate on any data; 2) The point of control is ...
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.
Until now, access to the Databricks platform was primarily limited to engineers and data scientists with SQL or Python skills. Databricks One introduces a completely redesigned interface, simplified ...
By replacing repeated fine‑tuning with a dual‑memory system, MemAlign reduces the cost and instability of training LLM judges ...
Multiagent systems are emerging as a foundation for scalable AI, especially within customer experience, according to research ...
eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...
In recent years, a number of companies have chosen to go public through SPACs -- but returns have largely been poor compared to the broader market. While investment banks are likely eager to work on a ...
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