Transactional database technology “hasn’t actually changed that much in the last 40 years” and is inadequate for today’s operational AI applications and agents, Databricks co-founder and CEO Ali ...

Databricks is in the process of closing a fresh round at a $100 billion valuation, sources confirmed to TechCrunch. The round was originally reported by the Wall Street Journal. A source familiar with ...

The importance of databases to modern enterprise AI operations cannot be overstated. Data helps to train and ground AI, and multiple research reports show that without proper data, AI efforts tend to ...

Databricks, which offers companies tools for building agents on top of their data, plans to spend at least $100 million over multiple years on OpenAI models. The alliance brings together two of the ...

Confirming recent reports, Databricks Inc. today announced that it’s acquiring Neon Inc. to enhance its cloud data platform, in a deal the Wall Street Journal reported is worth about $1 billion. San ...

Many enterprises running PostgreSQL databases for their applications face the same expensive reality. When they need to analyze that operational data or feed it to AI models, they build ETL (Extract, ...

Data intelligence company Databricks is reportedly already in talks to raise fresh capital, just a few months after its last fundraise. Databricks is holding conversations to raise a funding round ...

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said ...

Databricks has signalled its intent to acquire serverless Postgres startup Neon in a deal reported to be valued at approximately USD 1 billion. Neon is a startup that offers a modern, flexible type of ...