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 ...

CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks, which offers companies tools for building agents on top of their data, plans to ...

Databricks raises $10 billion in oversubscribed funding round Funding to support employee stock cash-out, AI talent hiring, and M&A Dec 17 (Reuters) - Databricks has secured a $62 billion valuation ...

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.

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 ...

Bloomberg’s sources said that the financing was provided by private credit lenders and broadly syndicated loan investors. Those are investors who purchase corporate debt through a bank. According to ...