Databricks Inc. said today it has swooped to acquire a young company called Fennel AI Inc. for an undisclosed price so it can enhance its data intelligence platform with real-time feature engineering ...

Four months after its last funding round, Databricks Inc. today announced that it has closed an extremely late-stage investment worth more than $4 billion. The Series L round was jointly led by ...

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.

A year ago, Databricks acquired MosaicML for $1.3 billion. Now rebranded as Mosaic AI, the platform has become integral to Databricks’ AI solutions. Today, at the company’s Data + AI Summit, it is ...

After first unveiling plans to develop a generative AI assistant in July 2023, Databricks has now made the new feature generally available. In addition to Databricks Assistant, the vendor revealed ...

Databricks made the announcements yesterday at its Data + AI Summit, which brought together experts from Databricks and across the industry as a whole to discuss data and AI. One of the announcements ...

July 16 : Investment firm Coatue Management is leading a $3 billion investment in data analytics provider Databricks that values the company at $188 billion, the Wall Street Journal reported on ...