Databricks

Databricks today announced that it has acquired Okera, a data governance platform with a focus on AI. The two companies did not disclose the purchase price. According to Crunchbase, Okera previously r

The march toward an open source ChatGPT-like AI continues. Today, Databricks released Dolly 2.0, a text-generating AI model that can power apps like chatbots, text summarizers and basic search engines

Recent valuation trims and planned staff cuts at Stripe and Databricks represent strength.

In 2022, the amount of corporate data stored in the cloud (versus on-premise servers) reached 60%, a signal of how the world of enterprise IT is evolving. But lest you think that cloud=modern=more eff

In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus, the popular open source ve

Cloudera, the Hadoop-centric big data company that IPO’d in 2017 and then went private again in a $5.3 billion deal in 2021, is now putting its emphasis on becoming the unified data fabric for h

We sat down with CEO Ali Ghodsi to discuss Databricks’ remarkable ability to run counter to the general malaise of the SaaS market this year.

With $1 billion or more worth of annualized revenue, what can we learn about Databricks' growth rate, and how well does its valuation slot into current market pricing?

Machine learning can provide companies with a competitive advantage by using the data they’re collecting — for example, purchasing patterns — to generate predictions that power reven

At its Data + AI Summit, Databricks today made the requisite number of announcements one would expect from a company’s flagship developer event. Among those are the launch of Delta Lake 2.0, the

AI Squared integrates AI it into existing applications in a timely and straightforward manner.

Starburst, the well-funded data warehouse analytics service and data query engine based on the open source Trino project, today announced that it has acquired Varada, a Tel Aviv-based startup that foc

The enterprise wants to store everything they can in the hopes of being able to deliver improved customer experiences and new market capabilities.

To understand how much the late-stage market has changed in the last few months, we're once again pulling public market data that we will contrast against mega-unicorn Databricks' known results.

As the tech world inches a closer to the idea of artificial general intelligence, we’re seeing another interesting theme emerging in the ongoing democratization of AI: a wave of startups buildin

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How much will the changing valuation of software companies impact the biggest private unicorns? Also, why hasn't Databricks gone public yet? The answer to the former might be the answer to the latter.

There’s a new alliance in town: the Data Cloud Alliance. Founded by Google Cloud, Accenture, Confluent, Databricks, Dataiku, Deloitte, Elastic, Fivetran, MongoDB, Neo4j, Redis and Starburst, the

With SaaS becoming the standard for most business software, the security demands on SaaS companies are constantly increasing. Add users who need their data sandboxed from others or kept in a specific

While nothing is inherently wrong with building deep product moats, it is more prudent to focus on things where you can be at least 10x better than everyone else.