Databricks
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Read more: Databricks, OpenAI Seal Multi-Year Deal to Bring GPT-5 to EnterprisesDatabricks and OpenAI have formed a multi-year partnership to make OpenAI’s models, including GPT-5, natively available on the Databricks Data Intelligence Platform and its Agent Bricks product for building AI agents, the companies said on Saturday (Sep 28). The collaboration, described by the firms as a US$100 million agreement, will…
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Read more: Databricks and Anthropic Join Forces to Bring Claude AI Models to Enterprise Data Platforms
Databricks and Anthropic have announced a five-year strategic partnership that will embed Anthropic’s cutting-edge Claude AI models natively into the Databricks Data Intelligence Platform, marking a significant step in democratising access to advanced generative AI tools across enterprises. The collaboration brings Anthropic’s latest Claude 3.7 Sonnet model – touted as…
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Read more: Databricks Secures $10 Billion in Series J Funding, Valued at $62 Billion, with Backing from Meta, Temasek, and QIA
Databricks, the global leader in data and AI, has announced the final closing of its Series J funding, raising $10 billion in equity financing and securing a $5.25 billion credit facility. The funding round, led by existing investor QIA and joined by new participants like Temasek, Macquarie Capital, and Meta,…
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Read more: Databricks Secures $10B in Series J Funding, Reaching a $62B Valuation
Databricks announces $10B in Series J funding led by Thrive Capital, boosting its valuation to $62B. The company aims to accelerate AI innovation, expand globally, and achieve its first positive free cash flow.
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Read more: Databricks Establishes Singapore as Regional Hub, Expands Workforce to Boost AI Competency
Databricks, a leading Data and AI company, has announced Singapore as its new regional hub for the Asia Pacific and Japan (APJ) region. The move emphasises Singapore’s growing importance as a key digital and innovation center in the region. The company also revealed plans to significantly expand its Singapore-based workforce…
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Read more: Databricks Launches AI Fund to Propel Innovation in Data and AI StartupsSingapore – Databricks, a leading data and AI company, has announced the launch of the Databricks AI Fund, a new strategic initiative under Databricks Ventures. This fund emphasizes Databricks’ commitment to nurturing the next generation of transformative startups in the data, analytics, and AI sectors. Established in 2021, Databricks Ventures…
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Read more: Databricks Acquires Einblick to Uplift Its Data Intel CapabilitiesDatabricks, a prominent Data and AI company, has announced the acquisition of Einblick, an AI-focused data platform. Einblick, founded by researchers from MIT and Brown University, has spent the last four years developing an AI-native collaboration platform that allows users to solve complex data problems using natural language queries. What…
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Read more: Databricks Expands Presence in Singapore, Doubling Local Workforce and Raising Over US$500 Million in Funding
TL;DR: Databricks, the Data and AI company, has announced significant growth in its Singapore operations, more than doubling its local workforce to over 100 employees within two years. This expansion is coupled with a successful Series I fundraise of over US$500 million, underscoring the rising demand for generative AI in…
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Read more: Databricks Secures $500 Million in Series I Funding, Valuation Hits $43 Billion
TL;DR: Databricks, a prominent Data and AI company, has successfully raised over $500 million in its Series I funding round. This development has elevated the company’s valuation to an impressive $43 billion, with a share price of $73.50. The funding was spearheaded by T. Rowe Price Associates, Inc., and included…
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Read more: Databricks to Acquire MosaicML, Paving the Way for Democratizing Generative AIDatabricks, the renowned Data and AI company, has announced its definitive agreement to acquire MosaicML, a leading generative AI platform. This strategic move aims to make generative AI accessible to organizations of all sizes, empowering them to develop, control, and secure their generative AI models using their own data. The…
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