When he was in college in Sweden, Ali Ghodsi read an article about a chief executive who was hired to save a struggling tech ...

Databricks and Snowflake, already embroiled in a fierce rivalry over software that manages companies’ data, are now jockeying for position in generative artificial intelligence—particularly AI that ...

Databricks, a competitor for data cloud platforms such as Snowflake (NYSE:SNOW), announced today it is raising $10B through ...

Databricks has secured a $62 billion valuation after raising a whopping $10 billion in one of the largest venture capital funding rounds in history, underscoring the unprecedented appetite for ...

Databricks intends to invest the capital in AI products, acquisitions ... it expects to cross $3 billion revenue run-rate and be free cash flow positive in the fourth quarter ending January ...

The Snowflake vs Databricks rivalry is intensifying. Databricks recently raised $10 billion in one of its largest funding ...

Generative AI funding has reached new heights in 2024, with a record-breaking $56 billion invested across 885 deals.

Recruiting top-tier AI researchers today is a bit like scouting a sports team's next star athlete — they're few in number and costly to recruit, but they can change an organization's trajectory.

Expected to reach $3 billion in revenue run rate and attain positive free cash flow for ... that the money would help Databricks to increase its position in the AI industry and speed up worldwide ...

and cloud tooling to enable companies to build data- and AI-powered applications. Databricks expects to generate positive free cash flow for the first time with a $3 billion revenue run rate in ...

Databricks expects to achieve positive free cash flow for the first time in ... The company plans to use the remaining funds to hire top AI talent, invest in new AI products, and potential M ...

The company expects to exceed a $3B revenue run rate and be free cash flow positive ... which ends January 31. "Databricks, driven by its mission to democratize data and AI, has emerged as the ...