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

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 ...

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

Databricks and Microsoft extend strategic partnership through the 2030s to scale enterprise AI Databricks deepens its bet on Azure, growing its use of Azure Databricks to run its own core business ...

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.

Backed by Lux Capital, SkyPilot helps customers use GPUs wherever they're available.

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.