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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%.
FILE PHOTO: Databricks logo is seen in this illustration taken December 17, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Analytics firm Databricks said on Monday it was on track to hit $4 billion ...
Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth ...
Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.
Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie ...
Aithon is an AI-native GTM platform built for regulated financial services. Aithon combines enterprise first-party systems with external market and regulatory signals, applying a financial-services ...
Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $4 billion Valuation: ...
If you wanted to raise the profile of your major tech company and had $10 million to spend, how would you spend it? On a Super Bowl ad? An F1 sponsorship? You could spend it training a generative AI ...
Analytics firm Databricks said on Monday it was on track to hit $4 billion in annualized revenue, up more than 50% from the prior year, on the back of surging demand for its artificial intelligence ...
(Reuters) - Data analytics firm Databricks said on Monday it was on track to hit $4 billion in annualized revenue on the back of booming demand for its artificial intelligence products, as it closed a ...
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