Data and artificial intelligence (AI) company Databricks raised $5 billion in a strategic funding round at a $190 billion valuation, the firm said in a Thursday (Aug. 13) press release. The new valuation is up from the $134 billion at which it was valued in a February funding round and the...
Databricks is raising a round of strategic funding at a $188 billion valuation and expects the round to close later this summer, the company said in a Thursday (July 16) press release. The data and artificial intelligence company signed a term sheet for the round,...
Databricks has launched an agentic coworker called Genie One designed to help business teams automate and orchestrate their work across data from inside or outside Databricks. Genie One is the successor to the first generation of Genie, which only used data stored on Databricks. With...
Databricks may be on the cusp of becoming a $175 billion company. The database management software provider has discussed a funding round that could begin within the next month and value the company at between $165 billion and $175 billion, The Information reported Monday (June...
December 16, 2024
The resale retail sector, once considered a niche market fueled by thrifty shoppers and vintage enthusiasts, has emerged as a multibillion-dollar industry. As just one data point, ThredUp, a quiet powerhouse in the space, has processed over 220 million secondhand clothing items to date. Behind the digital racks of its 4-million-item inventory lies a sophisticated […]
February 22, 2024
For all its technological complexity, artificial intelligence (AI) rests on one very simple foundation: data. And it’s here that Databricks has put a stake in the ground, claiming 50% of...
September 24, 2026
Data and artificial intelligence (AI) company Databricks has acquired spreadsheet builder Row Zero, Databricks said in a Thursday (Sept. 24) press release. Row Zero’s spreadsheet is built to allow humans and agents to work together with data, and the acquisition will add the product’s capabilities to Databricks’ AI coworker, Genie, according to the release. This combination will add a familiar spreadsheet […]
August 13, 2026
Data and artificial intelligence (AI) company Databricks raised $5 billion in a strategic funding round at a $190 billion valuation, the firm said in a Thursday (Aug. 13) press release. The new valuation is...
July 17, 2026
Databricks is raising a round of strategic funding at a $188 billion valuation and expects the round to close later this summer, the company said in a Thursday (July 16)...
June 16, 2026
Databricks has launched an agentic coworker called Genie One designed to help business teams automate and orchestrate their work across data from inside or outside Databricks. Genie One is the...