Five years ago, Databricks coined the term 'data lakehouse' to describe a new type of data architecture that combines a data lake with a data warehouse. That term and data architecture are now ...

The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...

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Databricks announced that it is completing more than $7bn of investment, including about $5bn of equity financing at a $134bn valuation and around $2bn of additional debt capacity. The San ...

The data and AI giant will use its latest capital infusion to accelerate development of its Lakebase database for AI agents and Genie conversational AI assistant. Databricks’ astronomical growth ...