Databricks announced on Tuesday a new funding round that would lead to a 61% surge in its valuation to more than $100 billion. The new funding round suggests strong investor demand for artificial ...
(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 ...
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.