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Databricks rides AI demand, investor confidence to $100B valuation

Databricks announced on Tuesday a new funding round that would lead to a 61% surge in its valuation to more than $100 billion. The new funding round suggests strong investor demand for artificial ...
Forbes

Databricks: A Much-Anticipated IPO, But Will The Honeymoon Last?

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.
Yahoo Finance

Databricks closes $1 billion round, projects $4 billion in annualized revenue on surging AI demand

(Reuters) - Data analytics firm Databricks said on Monday it was on track to hit $4 billion in annualized revenue on the back of booming demand for its artificial intelligence products, as it closed a ...
Business Insider

Prophecy Accelerates Adoption of Lakehouse Technology with Launch of "Prophecy for Databricks" as Demand for Modern Data Stack Skyrockets

Powerful, low-code platform now available for Databricks' customers, enabling 10x data engineering PALO ALTO, Calif., June 21, 2022 /PRNewswire/ -- Prophecy, the leading low-code platform for data ...