At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
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.
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 has made a name for itself as one of the most popular commercial services around the Apache Spark data analytics platform (which, not coincidentally, was started by the founders of ...