Databricks raised $5B in equity financing and $2B in debt at a $134B valuation and says its annualized revenue crossed $5.4B for the January quarter, up 65% YoY
Databricks said Monday it has raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation.
Databricks raised $5B in equity financing and $2B in debt at a $134B valuation and says its annualized revenue crossed $5.4B for the January quarter, up 65% YoY
Databricks said Monday it has raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation.
Databricks agrees to acquire cloud database startup Neon for ~$1B, set to close in Databricks' Q2 2025; Neon's platform is based on the open-source PostgreSQL
The deal is aimed at making it easier for businesses to build artificial intelligence agents with their own data, Databricks CEO says
Databricks plans to acquire Tabular, a data management startup that helps companies optimize data stored in the Apache Iceberg format and others, for $1B+
We are excited to announce that we have agreed to acquire Tabular … Lindsay Clark / The Register : Databricks' $1B Tabular buy raises questions around table format wars Tabular : T...
A look at Databricks' new open-source model DBRX, an LLM that cost ~$10M to train over several months and, Databricks says, outshines Llama 2, Mixtral, and Grok
Startup Databricks just released DBRX, the most powerful open source large language model yet—eclipsing Meta's Llama 2.
Databricks releases Dolly 2.0, the next version of its instruction-following LLM released two weeks ago, with a dataset of 15K+ records generated by its staff
Sharon Goldman / VentureBeat :
Databricks open sources Dolly, an LLM which the company says can be trained in less than three hours on one machine and is a clone of Stanford's Alpaca model
Big-data analytics firm Databricks Inc. has emerged as an unlikely player in the generative artificial intelligence space …