The 2026 CNBC Disruptor 50 list will be revealed Tuesday, May 19th Databricks said it is raising $4 billion at a $134 billion valuation to support AI app building. The valuation is a 34% jump from a ...

Data analytics company Databricks says its mission is to deliver data intelligence to every enterprise by allowing organizations to understand and use their unique data to build their own AI systems.

Databricks, which has traditionally appealed to coding-savvy data scientists and data engineers, is making a play to broaden its base of users with new products unveiled this week at the company’s ...

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.

Transactional database technology “hasn’t actually changed that much in the last 40 years” and is inadequate for today’s operational AI applications and agents, Databricks co-founder and CEO Ali ...

In recent years, a number of companies have chosen to go public through SPACs -- but returns have largely been poor compared to the broader market. While investment banks are likely eager to work on a ...