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

Databricks completed a term sheet agreement for a $3 billion strategic investment led by Coatue The funding values the company at $188 billion, representing a 40% increase from its $134 billion ...

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.

Head of data reliability engineering Dheeraj Puli told the Databricks Data+AI Summit in San Francisco that the bank is ...

Microsoft MSFT0.19%increase; up pointing triangle, Google and Amazon AMZN-0.69%decrease; down pointing triangle are among the tech companies spending an estimated $1 trillion on AI infrastructure this ...

Databricks said annualized revenue has jumped more than 80% from a year earlier and now sits at $6.9 billion, up from a figure of $5.4 billion in the fiscal fourth quarter. While Databricks is ...

Databricks made a significant move into the marketing technology industry today, announcing CustomerLake, a new agentic Customer Data Platform (CDP) built natively inside the Databricks lakehouse. The ...

Databricks is releasing AI agents that help professionals get answers from their business data, aiming to expand beyond its core data offerings and showcase its staying power in the ...

Databricks Inc. is using its Data + AI Summit today in San Francisco to unveil a new data architecture designed to eliminate one of enterprise computing’s oldest bottlenecks: the separation between ...

SPOKANE, Wash. — Avista confirmed on Tuesday that a potential "large load" project that the company is considering is a data center development. According to recent filings with the U.S. Securities ...

Spokane, WASH. -- Avista confirmed today that the 'large load customer' it entered into an agreement with that would consume as much electricity as half the utility's service area in Eastern ...

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 ...