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

The startup’s valuation jumps 40% as the AI boom has driven demand for its data-analytics software.

July 16 (Reuters) - Investment firm Coatue Management is leading a $3 billion investment in data analytics provider Databricks that values the company at $188 billion, the Wall Street Journal reported ...

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.

Proposed grant recipients have included a free-speech organization that has fought against bans on “gay conversion therapy” and an Afrikaner group that promotes self-governance. As private schools ...