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

Databricks will run its own core business operations on Azure and expand its use of Microsoft's Arm-based Cobalt custom ...

Databricks and Microsoft (MSFT) have extended their strategic partnership into the 2030s to help scale enterprise AI.

Databricks said on Thursday it would expand its partnership with Microsoft through the 2030s, a deal under which it will ...

Microsoft Corp. and Databricks on Wednesday announced an expansion of their decade-long strategic partnership, extending into the 2030s. Databricks will deepen its use of Azure Databricks to run core ...

Jefferies says Snowflake (SNOW) could rerate higher after Databricks’ $188B valuation, citing revenue multiples and AI/GPU ...

Databricks Inc. and Microsoft Corp. today said they’re extending their strategic partnership into the 2030s as the companies seek business from enterprises building artificial intelligence ...

Databricks will deepen its collaboration with Microsoft, leveraging more Azure resources and custom chips to enhance AI workloads and enterprise performance through the 2030s.

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models ...

Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion.

When Databricks closes its new funding round, its $188 billion valuation will be a 40% bump over when it last raised capital in February. And that’s restrained compared with its AI industry peers.

Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.