NEW YORK, May 30, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data and AI company, expanded its partnership with Databricks, the data and AI company, to deploy a GenAI-enabled SAS to ...

Today, Databricks announced the acquisition of Lilac, a Boston-based applied research startup offering tools for data understanding and manipulation. The terms of the deal were not disclosed. The Ali ...

On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.

Databricks has announced plans to raise more than $4bn in a Series L funding round that values the company at $134bn. The San Francisco-based data and AI company surpassed a $4.8bn revenue run-rate ...

ROI appears to be on track, with four out of five seeing their gen AI investments paying off within three years.

Four months after its last funding round, Databricks Inc. today announced that it has closed an extremely late-stage investment worth more than $4 billion. The Series L round was jointly led by ...

Databricks has emerged as a competitive threat to Snowflake. A $15 billion fundraising round earlier this year confirms the excitement around this company. According to the CFO, revenue was on track ...

Databricks Inc. and OpenAI announced today that they have formed a multi-year partnership expected to generate more than $100 million in revenue. It makes OpenAI’s latest models, including GPT-5, ...

The IPO window may have cracked open, but it seems some former startups have no intention of going public. Makes sense, in a way: IPOs were traditionally a way to raise money, and if you can manage to ...

SUNRISE, Fla.--(BUSINESS WIRE)--Chetu, a global leader in digital intelligence and software solutions, announced today the expansion of its partnership with Databricks, the Data and AI company, with ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Henry Chandonnet Every time Henry publishes a story, you’ll get an alert straight to your inbox ...

As everyone from OpenAI co-founder Sam Altman to armchair economists debate whether we’re in an AI bubble, Databricks’ latest fundraising effort suggests at least some investors are still willing to ...