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Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database ...
Databricks, the Data and AI company, announced it intends to acquire Neon, a leading serverless Postgres company, to continue innovating and investing in Neon’s database and developer experience for ...
The Lakebase service has been in development since June 2025 and is based on technology Databricks gained via its acquisition ...
Confirming recent reports, Databricks Inc. today announced that it’s acquiring Neon Inc. to enhance its cloud data platform, in a deal the Wall Street Journal reported is worth about $1 billion. San ...
PALO ALTO, Calif., June 12, 2025 (GLOBE NEWSWIRE) -- Applications in the AI era depend on real-time data, but data ingestion and integration from legacy architectures often hold them back. Traditional ...
SAN FRANCISCO, June 11, 2025 /CNW/ -- Data + AI Summit-- Databricks, the Data and AI company, today announced the launch of Lakebase, a first-of-its-kind fully-managed Postgres database built for AI.
Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie ...
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