Big-data analytics firm Databricks Inc. has emerged as an unlikely player in the generative artificial intelligence space, open-sourcing a new AI model that it claims is “as magical as ChatGPT,” ...

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’ 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 ...

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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Companies are increasingly finding ways to automate certain job functions with AI agents, but that doesn't mean humans are going anywhere anytime soon. Ali Ghodsi, cofounder and chief executive of ...

The San Francisco-based data analytics company Databricks has raised a stunning $10 billion funding round, which values the company at $62 billion and likely puts it on a path toward an IPO. The size ...

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, ...

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 ...

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 ...