Databricks has raised $5 billion at a $190 billion valuation as CEO Ali Ghodsi claims AGI already arrived, with the fortune now buried in context the models don't have.
Databricks is benefitting off of the agentic AI wave.
The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain private.
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech companies.
The drive to discover the next big thing in AI has funded some pretty ambitious projects — but one company is taking it as a chance to rebuild computing architecture from the ground up. Led by Naveen ...
Databricks said annualized revenue has jumped more than 80% from a year earlier and now sits at $6.9 billion, up from a figure of $5.4 billion in the fiscal fourth quarter. While Databricks is ...
NEW YORK, June 12, 2026 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced it has achieved Gold Tier Status in the Databricks Partner Program, expanding its collaboration ...
REDMOND, Wash., and SAN FRANCISCO — July 23, 2026 — Microsoft Corp. and Databricks on Wednesday announced an expansion of their decade-long strategic partnership, extending into the 2030s. Databricks ...
The company will spend on Lakebase, Genie and Unity AI Gateway, products it ties to enterprise demand for AI agents.
The zero-copy credential model enables cross-platform sharing of AI assets, promising lower overhead, stronger governance, and faster deployment across partners and teams. Databricks on Wednesday ...