The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain private.

Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, ...

Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors ...

Artificial intelligence (AI) has brought more than just outsize gains in the technology sector over the last couple of years. The AI boom has acted as a transformational catalyst for companies across ...

Databricks has emerged as a competitive threat to Snowflake. A $15 billion fundraising round earlier this year confirms the excitement around this company. According to the CFO, revenue was on track ...

Arsalan Tavakoli was at his bachelor party in 2013 when Ali Ghodsi, a computer science researcher at the University of California, Berkeley, pulled him aside. The two had become colleagues and friends ...

Robinhood Ventures Fund II will IPO at $25/share on August 12, investing in YC startups. Fund I holds Databricks, Stripe, and ...

A company that issues shares that are publicly traded, meaning the shares are available for anyone to buy and sell on the stock market. Artificial intelligence is the use of machines to mimic human ...

The artificial intelligence era won’t be decided only by providers of large language models such as OpenAI. Databricks made a big play at its annual Data+AI Summit in San Francisco this week to lead ...

In April 2023, data analytics company Palantir Technologies (NASDAQ: PLTR) commercially released its fourth major software suite, called the Artificial Intelligence Platform (AIP). Since its release ...

Databricks has attracted increasing attention in recent months. Although it is currently a privately held company, it raised a considerable amount of money earlier this year and reported an annualized ...