Databricks is prepared to go public "when the time is right," CEO and co-founder Ali Ghodsi told CNBC in an interview.

Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth efforts. The company first disclosed the investment late last year when it ...

The software company, growing its presence in Sunnyvale over the past year, has signed for 635,000 square feet.

Company plans to use funds to accelerate AI database, Genie assistant JPMorgan Chase leads $2 billion debt financing Databricks' AI products cross $1.4 billion in annualized revenue Feb 9 (Reuters) - ...

Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of about $5 billion at a $134 billion valuation, as the data analytics software company bolsters its balance sheet to invest ...

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Databricks is having one of those years that most enterprise software companies would quietly envy. The data and AI platform says it has reached a $5.4bn annual revenue run rate, growing 65% year over ...

On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products. Co-founder and CEO Ali Ghodsi wanted ...

Databricks’ Mosaic AI Research team has added a new framework, MemAlign, to MLflow, its managed machine learning and generative AI lifecycle development service. MemAlign is designed to help ...

Data and AI company Databricks said it has completed $5 billion of new equity financing and secured about $2 billion of additional debt capacity, lifting total new investments to more than $7 billion ...