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 ...
CNBC

Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out

Databricks is in the middle of a mega funding round, several people familiar with the matter told CNBC. The data analytics and AI company is raising at least $5 billion in cash, pegging its new ...
The New York Times

Databricks Is Raising $10 Billion, in One of the Largest Venture Capital Deals

The artificial intelligence start-up’s funding shows investors remain enthusiastic about the A.I. boom. By Erin Griffith Reporting from San Francisco In October, OpenAI, the start-up behind ChatGPT, ...
VentureBeat

Databricks says it solved the decades-old data pipeline problem that's been slowing AI agents

For decades, data professionals have struggled with the challenge of managing both operational and analytical databases in a unified approach that doesn't introduce latency and performance degradation ...
VentureBeat

Databricks' Instructed Retriever beats traditional RAG data retrieval by 70% — enterprise metadata was the missing link

A core element of any data retrieval operation is the use of a component known as a retriever. Its job is to retrieve the relevant content for a given query. In the AI era, retrievers have been used ...