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 ...

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 ...

Companies such as Databricks, SpaceX and OpenAI have reached mega valuations while staying private for longer.

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 ...

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 ...

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

Credit: Image generated by VentureBeat with FLUX-pro-1.1-ultra The intelligence of AI models isn't what's blocking enterprise deployments. It's the inability to define and measure quality in the first ...

As for the AI bubble, it is coming up for conversation because it is now having a material effect on the economy at large.

LakeFusion offers enterprises a modern approach to unifying critical data across various domains. By embedding AI and automation into the MDM process and integrating directly with the Databricks ...