Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion.

The recent Databricks funding round, a $1 billion investment at a $28 billion valuation, was one of the year's most notable private investments so far.

With the new Lakehouse AI, Databricks aims to unify the data and AI platform, enabling organizations to accelerate their generative AI journey.

Databricks One offers a simple, code-free environment that lets teams—from marketing to legal—generate powerful AI-driven insights from secure corporate data.

Databricks’ acquisition of Tabular puts new pressure on competitors such as Snowflake and Confluent as cloud data management rises in importance for AI initiatives.

Databricks is one of the most valuable start-ups in the world and could seek a public offering driven by strong tailwinds in the artificial intelligence (AI) industry.

The round, which pushes Databricks' valuation to $100B, was co-led by Insight Partners and Thrive. CEO Ali Ghodsi says he's found an enormous untapped AI agent market to spend the funds.

Privately held data and AI company Databricks is now worth $100 billion thanks to a new funding round. Ahead of a potential IPO in 2025 or 2026, the new funding round makes existing investors such ...

Databricks Inc. said today it has swooped to acquire a young company called Fennel AI Inc. for an undisclosed price so it can enhance its data intelligence platform with real-time feature ...