Gather AI raises $40M to scale drone-enabled Physical AI for high-accuracy warehouse inventory and autonomous logistics operations.
Databricks raised billions more in funding as curiosity grows about when the 13-year-old company might go public.
Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.
Databricks CEO Ali Ghodsi reportedly said once AI changes the interface to language, SaaS products will become invisible.
The rise of generative AI is often seen as an existential threat to the SaaS model. Interfaces would disappear, software would fade away, and existing ...
Databricks raised $5 billion in a private round from Goldman Sachs, Glade Brook Capital, Morgan Stanley, Neuberger Berman, ...
Snowflake (NYSE:SNOW) and OpenAI agreed a multi-year partnership to deliver enterprise-grade AI agents directly on customer data within Snowflake’s platform. The collaboration gives enterprises access ...
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
AI isn't going to replace major SaaS apps with vibe-coded versions, Databricks CEO Ali Ghodsi believes. But it could give ...
Yuki gives data teams a real-time control layer for warehouse compute, automatically routing workloads and right-sizing resources to improve performance and predictabilityTEL AVIV, Israel, Feb. 09, ...
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center ...