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The Latest Breaking News from Databricks

Databricks Sets $100 Billion Benchmark With Late-Stage Raise As Investors Pile In

San Francisco-based Databricks is set to see its valuation soar by 61% to over $100 billion following a new funding round, highlighting strong investor interest in artificial intelligence startups.

Benzinga

7 Famous People Who Got Rich By Accident

Most people chase success—few become rich by accident. Yet, some individuals stumbled into extraordinary wealth through quirky chance, overlooked assets, or unintended opportunity. These stories aren’t just inspiring—they reveal how fortune can strike without planning. Understanding how they became rich by accident offers perspective on luck, timing, and unexpected windfalls.…

Plunged in Debt

Databricks CEO met his founding team during college—he tells Gen Z not to give up on higher education even if employers have

Forget dropping out: These founders say college connections were key to building a $62 billion company.

Fortune

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AI M&A signals that the hype cycle is growing up

As April showers brought May flowers, they also brought a whole new wave of AI-centric M&A.

Fortune

5 Things to Know About Databricks’ $250 Million Bet on India

Databricks has announced that it's going to invest over $250 million in India over the next three years. The funding will be used to strengthen its

Geekflare

10 Major AI Companies You Should Know

These 10 companies are at the cutting edge of the AI revolution. Here's how they're driving innovation and leading the biggest buildout in human history.

Kiplinger

There are 372 AI unicorns right now, according to PitchBook. Here’s what that means

Right now, in the tech industry paddock, there are 372 AI unicorns, according to PitchBook.

Fortune

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Confluent: How Data Streaming May Transform AI

Confluent's earnings performance, its strong guidance, and its exciting partnership with Databricks—with the potential to transform AI—make it a must-watch.

MarketBeat

3 High-Growth SaaS Companies to Watch

The SAAS industry is positioned for continued expansion, owing to the continuous advancements in AI and cloud computing, along with surging global demand. Thus, it could be wise to add high-growth SaaS stocks Twilio (TWLO), Informatica (INFA), and DocuSign (DOCU) to your watchlists. Continue reading….

StockNews.com

These AI startups eyeing IPOs could be poised for long-term investor success

Some AI startups are itching to finally go public; other tech startups that are just 'AI-adjacent' are hoping the tech can boost their share prices.

Fortune

AI Startup Databricks Raises $10 Bn As Value Soars

Young startup Databricks, which specializes in scaling and building artificial intelligence, said Tuesday it raised $10 billion, bringing the company's valuation to $62 billion.

International Business Times

Databricks just raised $10 billion in one of the biggest venture capital fundings ever

Databricks announced one of the largest venture capital fundings ever, led by Thrive Capital, and is now valued at $62 billion.

Fortune

Future 50 executives say they’re focusing on investing in AI and remote work

Executives discussed how they’re becoming agile and advancing tech during a virtual conversation hosted by Fortune and Workday.

Fortune

Databricks Nears $55 Billion Valuation With New Multi-Billion Dollar Funding

Databricks is raising $5 billion in cash with a $55 billion valuation.

International Business Times

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Fortune

Exclusive: Wherobots, cloud-based geospatial data platform, closes $21.5 million Series A

Wherobots has closed its $21.5 million Series A, led by Felicis, Fortune can exclusively report.

Fortune

Databricks CEO Ali Ghosdi on Snowflake rivalry and the ‘why’ behind Databricks’ latest billion-dollar deal

Databricks just acquired open source-focused data manager Tabular. Though we don’t know the exact contours of the deal, we know it’s north of $1 billion, making it the company’s second billion-dollar deal within 12 months.

Fortune

Databricks is expanding the scope of its AI investments with second VC fund

The corporate VC fund has already backed 25 AI and data startups.

Kiplinger

Q2 Investing Outlook: Experts Eye Earnings, Rate Cuts & More

Inflation, interest rates and corporate earnings will be top of mind for investors in the second quarter.

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news in one place.

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International Business Times UK

Elon Musk Weighs In Tucker Carlson's Take on Nancy Pelosi's Stock Picks That Outshine Warren Buffett's

Pelosi's investments, including in tech firms like Databricks and Nvidia, prompt scrutiny amid allegations of conflicts of interest.

TechRadar

'What if the operating system is the problem': Linux was never created for the cloud — so engineers developed DBOS, a new operating system that is part OS, part database

DBOS is an operating system on top of a database with features like reliable execution and time travel.

TechRadar

Databricks invests in Mistral, announces AI tie-up

Buzzworthy French startup lands Databricks strategic partnership weeks after landing further big investment.

Fortune

2024 IPO outlook: The blockbuster is (mostly) dead

IPO discourse has always been messy and prone to extremes, but it’s time to rethink some of the language we’re using.

StockNews.com

Should You Buy, Hold, or Explore Alternatives for These 3 Chip Stocks

The chip industry is growing due to the growing usage of chips in hardware to leverage advanced technologies. Therefore, let’s assess the ability of Intel (INTC), Tokyo Electron (TOELY), and Broadcom (AVGO) to capitalize on the industry trends. Read on….

StockNews.com

Intel Corporation (INTC) vs. ASE Technology (ASX) - Analyzing the Dominant Chip Stock

Amid rising chip demand across sectors and the integration of AI, the chip industry’s prospects appear promising. Chip stocks, Intel (INTC) and ASE Technology (ASX) are well-positioned to benefit from the industry tailwinds. However, which of these is the dominant chip stock? Read more to find out.

Fortune

Databricks CEO thinks we’re on the verge of an ‘intelligence revolution’

The data analytics company is seeing ‘huge demand’ in its business right now, but does not have a timeline for an IPO.

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