The answer, according to new research from the data and AI platform company, is sobering. Even the best-performing AI agents achieve less than 45% accuracy on tasks that mirror real enterprise ...

Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco, California, U.S., on Tuesday, Oct. 22, 2019. Ghodsi ...

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.

Enterprises are racing to harness the power of data and AI, but they face the same challenge: a shortage of skilled talent. According to World Economic Forum data, eight out of ten business leaders ...

With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds. As one of the most ...

We knew AI was hot, but the last week has brought several announcements that show the industry is trying to bring AI and machine learning (ML) into the enterprise mainstream. With two AI acquisitions ...

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, ...

At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...

Just nine months after raising a whopping $10 billion (plus $5 billion in debt) in January, Databricks has confirmed another $1 billion raise at a $100 billion-plus valuation. When rumors of the raise ...