A year ago, it acquired Numbers Station which has an agentic AI approach, honed at Stanford, to automate complex data ...

Thinking Machines Lab released Inkling on July 15 under the Apache 2.0 license after using Kimi K2.5 for early post-training data. Open weights let developers download and adapt the trained parameters ...

Databricks was a hot IPO candidate, but now its raising its fourth round of private investment in the past year.

Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion.

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models ...

The AI firm offers a range of proprietary and open source AI models, and it plans to use the funding to purchase additional GPU capacity. Databricks said it is raising new funding led by Coatue ...

The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain ...

Databricks is raising new funding in a financing round led by Coatue Management that values the company at $188 billion, a 40 ...

Databricks completed a term sheet agreement for a $3 billion strategic investment led by Coatue The funding values the company at $188 billion, representing a 40% increase from its $134 billion ...

Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.

Stock futures were down Friday as a selloff in stocks linked to the artificial-intelligence buildout continued to reverberate across the globe. Nasdaq-100 futures were down around 2% this morning, ...