Databricks Hits $190 Billion Valuation As CEO Ali Ghodsi Claims AGI Has Already Arrived

Databricks has raised $5 billion at a $190 billion valuation as CEO Ali Ghodsi claims AGI already arrived, with the fortune now buried in context the models don't have.
CNBC

Databricks commits to $100 million in OpenAI spending as high-valued startups team up in AI

Databricks, which offers companies tools for building agents on top of their data, plans to spend at least $100 million over multiple years on OpenAI models. The alliance brings together two of the ...
Forbes

Databricks: A Much-Anticipated IPO, But Will The Honeymoon Last?

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.
CNBC

Databricks tells investors annualized revenue will reach $2.4 billion at midway point of year

Databricks is anticipating sales growth above 60% to $2.4 billion in annualized revenue for first half of year. CFO Dave Conte provided the figures at an investor briefing at the company's Data and AI ...
SiliconANGLE

Databricks raises $5B more after annualized revenue tops $7B

Databricks Inc. today announced that it has raised $5 billion in funding at a $190 billion valuation. The round was led by Coatue, Blackstone, MGX, T. Rowe Price and Sixth Street Growth. The funds ...
TechCrunch

Databricks reportedly paid $2 billion in Tabular acquisition

Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That ...