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 ...
The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.
The deal, which integrates OpenAI’s most advanced models directly into Snowflake’s data infrastructure, represents a significant tactical shift for both firms, signalling that the battle for ...
The additions let data teams ask progressive, context‑aware questions in natural language while enabling developers to deploy governed analytics agents across applications via unified API endpoints.
New capabilities extend Salt's discovery engine into the Agentic AI Action Layer and modern composable web architectures, providing the only dedicated API security visibility for Databricks agentic ...
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(Bloomberg/Mark Bergen and Brody Ford) — Databricks is raising over $4 billion in a new funding round that values the software firm at $134 billion, another example of how some tech companies are ...
As everyone from OpenAI co-founder Sam Altman to armchair economists debate whether we’re in an AI bubble, Databricks’ latest fundraising effort suggests at least some investors are still willing to ...
Update: The revised post updates with details from Databricks. San Francisco-based data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, almost 30% above ...
Nov 17 (Reuters) - Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information ...
With the official release of Microsoft's latest database offering, let's see what was improved and what still needs some work. Today, at Ignite, Microsoft announced the general availability of SQL ...
There is a lot of enterprise data trapped in PDF documents. To be sure, gen AI tools have been able to ingest and analyze PDFs, but accuracy, time and cost have been less than ideal. New technology ...
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