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 ...

US-based data analytics platform Databricks has struck a deal to acquire Neon, a serverless Postgres database company. While the company did not disclose the deal value, a report by Reuters said the ...

Databricks Inc. is reportedly seeking to buy Neon Inc., a startup that sells a commercial version of the open-source PostgreSQL database. Tech publication Upstarts Media today cited sources as saying ...

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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.

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 ...

Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $20 billion Valuation: ...

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 funding round announced in August. Companies such as Databricks, ...

Databricks is one of the most widely followed and highly valued companies in the start-up world. Its Lakehouse platform, which makes it easier for companies to access and analyze their data, is ...