Databricks hits $188B valuation, extending its run as AI’s favorite second act
Databricks on Thursday announced a new round of funding that values the company at $188 billion. The round…
Revolut and ElevenLabs among first bets from Aspire11’s €100 million capital deployment
Prague-based VC Aspire11 has deployed the first €100 million of its €515 million fund of pension capital into…
Databricks bought two startups to underpin its new AI security product
With an overflowing war chest from its $5 billion raise that closed last month (not to mention billions…
Databricks CEO says SaaS isn’t dead, but AI will soon make it irrelevant
On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more…
The Great Data Closure: Why Databricks and Snowflake Are Hitting Their Ceiling
Introduction a data company really grow? This week what would have been news a year ago was no…
‘That’s clearly a bubble, right… it’s, like, insane’
In a typically candid assessment of the current artificial intelligence landscape, the outspoken CEO of $134 billion software…
Unconventional AI confirms its massive $475M seed round
Naveen Rao, the former head of AI at Databricks, has raised $475 million in seed capital at a…
Sources: Naveen Rao’s new AI hardware startup targets $5B valuation with backing from a16z
Naveen Rao, who was formerly the head of artificial intelligence at Databricks, is in talks to raise $1…
OpenAI and Databricks Partner to Help Enterprises Build AI Agents
OpenAI and Databricks have partnered to provide enterprises with the resources they need to build artificial intelligence apps…
Naveen Rao: Indian-Origin AI leader exits Databricks to launch AI computing startup
Naveen Rao is set to launch a new startup to tackle the high costs of AI computing. Known…
Databricks Raises $1 Billion to Launch Tools for Building AI Agents
Data analytics firm Databricks is closing a $1 billion Series K funding round that values it at over $100 billion,…
ParadeDB takes on Elasticsearch as interest in Postgres explodes amid AI boom
Open source database management system Postgres is nearly 40 years old, but has recently started seeing explosive demand…