Our analysis and end-user discussions continue to demonstrate that a new modern data stack is emerging along with sophisticated data-oriented “personas,” such as data analysts and data scientists.

Three main pressure points are transforming the modern data landscape: 1) Increased interest in adopting open table formats to allow any compute to operate on any data; 2) The point of control is ...

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Dec 16 (Reuters) - Databricks said on ‌Tuesday that it has raised more than $4 ‌billion at a valuation of $134 billion, the latest example of investors betting big on companies benefiting from the ...

Databricks, the open-source data lake and data management powerhouse has been on quite a financial run lately. Today Bloomberg reported the company could be raising a new round worth at least $1.5 ...

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics, digital operations, and solutions company, announces the strengthening of its partnership with Databricks, ...

Databricks’ acquisition of Tabular puts new pressure on competitors such as Snowflake and Confluent as cloud data management rises in importance as a technology necessary for AI initiatives. Last week ...

At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...

Open-source based large language models like Dolly are in high demand as enterprises want to use them for targeted or specific use cases, analysts said. Databricks has released an open-source based ...

AI thrives on data but feeding it the right data is harder than it seems. As enterprises scale their AI initiatives, they face the challenge of managing diverse data pipelines, ensuring proximity to ...

San Francisco-based software company Databricks Inc. said Tuesday it has raised $8.6 billion out of a $10 billion targeted fundraising in private markets as the latest example of why some major ...