While other AI startups have started the IPO process this year, Databricks is looking toward its next funding round.
On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products. Co-founder and CEO Ali Ghodsi wanted ...
June 8 (Reuters) - Data analytics software firm Databricks has discussed raising funds in a round that could begin next month and value it at between $165 billion and $175 billion, The Information ...
The data and AI giant will use its latest capital infusion to accelerate development of its Lakebase database for AI agents and Genie conversational AI assistant. Databricks’ astronomical growth ...
Databricks, a data software company, plans to sell shares to the public at some point, but won’t tap the public markets this year amid a flurry of planned tech IPOs.
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