databricks

AI Fuels Tech Surge as Micron, Databricks and Basis Ride Wave of Growth
AI Fuels Tech Surge as Micron, Databricks and Basis Ride Wave of Growth
December 19, 2024  |  artificial intelligence

Micron Technology posted a stunning 400% jump in data center revenue amid soaring AI chip demand, while data intelligence firm Databricks secured a massive $10...

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Data and AI Company Databricks to Raise $10 Billion in Funding Round
Data and AI Company Databricks to Raise $10 Billion in Funding Round
December 17, 2024  |  Investments

Databricks has announced a Series J funding round in which it is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion so far. The...

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ThredUp CTO Says Data Turns Secondhand Retail Into Top-Shelf Experience
ThredUp CTO Says Data Turns Secondhand Retail Into Top-Shelf Experience
December 16, 2024  |  Retail

The resale retail sector, once considered a niche market fueled by thrifty shoppers and vintage enthusiasts, has emerged as a multibillion-dollar industry. As just one...

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Report: Databricks Close to Raising Record $9.5 Billion Amid AI Boom
Report: Databricks Close to Raising Record $9.5 Billion Amid AI Boom
December 13, 2024  |  Investments

Databricks reportedly is close to raising $9.5 billion in a funding round, a feat that would create one of the largest-ever venture capital funding rounds....

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Enigma and Databricks Partner to Deliver Financial Health Intelligence
Enigma and Databricks Partner to Deliver Financial Health Intelligence
November 18, 2024  |  SMBs

Enigma and Databricks are collaborating to deliver data on small- to medium-sized business (SMB) financial health signals to customers. With this data, customers can access financial...

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Thrive Capital Reportedly Weighing $1 Billion Databricks Stake
Thrive Capital Reportedly Weighing $1 Billion Databricks Stake
November 14, 2024  |  Investments

Thrive Capital is reportedly in discussions to invest $1 billion in analytics software maker Databricks. This deal would value the company around $55 billion, Bloomberg News reported Thursday (Nov....

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Mastercard Teams With Databricks on GenAI Assistant
Mastercard Teams With Databricks on GenAI Assistant
October 29, 2024  |  artificial intelligence

Mastercard has launched a generative artificial intelligence (AI)-powered digital assistant that is designed to simplify the customer onboarding process. This is the first application developed...

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Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes
Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes
July 15, 2024  |  Investments

Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures,...

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Databricks Launches AI-Powered Business Intelligence Product
Databricks Launches AI-Powered Business Intelligence Product
June 12, 2024  |  artificial intelligence

Databricks has launched an artificial intelligence (AI)-powered business intelligence (BI) product designed to enable anyone in an organization to access analytics and insights. The new...

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