Databricks completes $5 billion funding round at $134 billion valuation

Databricks is prepared to go public "when the time is right," CEO and co-founder Ali Ghodsi told CNBC in an interview.

Databricks obtains $1.8 billion in additional debt ahead of IPO

Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now has access to over $7 billion in debt, the person added.
The Next Web

Databricks hits $5.4B revenue run rate and banks a $134B valuation in a rare software surge

Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
InfoWorld

Databricks adds MemAlign to MLflow to cut cost and latency of LLM evaluation

By replacing repeated fine‑tuning with a dual‑memory system, MemAlign reduces the cost and instability of training LLM judges ...

Databricks CEO says SaaS isn’t dead, but AI will soon make it irrelevant

AI isn't going to replace major SaaS apps with vibe-coded versions, Databricks CEO Ali Ghodsi believes. But it could give ...
Android Police

8 simple ways to use Google Translate

Jon has been an author at Android Police since 2021. He primarily writes features and editorials covering the latest Android news, but occasionally reviews hardware and Android apps. His favorite ...

Databricks Valued at $134 Billion in Latest Fundraise, CNBC Reports

Feb ‌9 (Reuters) - ​Databricks ‌completed ​its ‍latest ​funding ​round of $5 ⁠billion, ‌at a ​valuation ‌of $134 ‍billion, ...
Finextra

ECB paves the way for the use of DLT-based assets as eligible collateral

ECB paves the way for the use of DLT-based assets as eligible collateral The Eurosystem will accept marketable assets issued in CSDs using DLT-based services as eligible collateral for Eurosystem ...