News

Naveen Rao, Databricks’ AI chief, steps down to start a new venture focused on reducing AI computing costs. His exit comes as Databricks secures massive funding, raising questions on maintaining ...
Databricks is in the process of closing a fresh round at a $100 billion valuation, sources confirmed to TechCrunch. The round was originally reported by the Wall Street Journal. A source familiar with ...
Term sheet signed for Series K; amount undisclosed, valuation reportedly up 61%. Company serves 15,000 customers; funds target product development and AI acquisitions globally. See the trading ...
Aug 22 (Reuters) - Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for ...
Databricks' valuation set to rise 61% in new funding round Existing investors Thrive Capital and a16z are set to double down Databricks is one of the most valuable private companies Aug 19 (Reuters) - ...
Analytics firm Databricks said on Tuesday its valuation was set to jump 61% to more than $100 billion in a funding round less than a year after its last, underscoring strong investor demand for ...
Databricks said its new funding round is valuing the cloud-based data analytics company at more than $100B. The company expects to use the new capital to accelerate its AI strategy — expanding Agent ...
The acquisition will enable enterprises to build agents that can leverage real-time data to make better decisions while acting autonomously, the company said. To perform tasks as well as a human, AI ...
SAN FRANCISCO, Aug. 19, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from ...
In a post on X (formerly Twitter) on Wednesday afternoon, Citron Research highlighted that Databricks has been valued at $100 billion in the private markets. “Give Palantir the same $100 billion ...
(Reuters) -Analytics firm Databricks said on Tuesday its valuation was set to jump 61% to more than $100 billion in a funding round less than a year after its last, underscoring strong investor demand ...