Databricks hits $188B valuation, extending its run as AI’s favorite second act

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

Databricks CEO: We're hosting open source models like Kimi and running out of GPUs

Ali Ghodsi, Databricks CEO, joins 'The Exchange' to discuss the company's latest funding round, the capabilities of Chinese ...

Databricks Is Now Worth $188 Billion. Its Next Move Could Reshape Enterprise AI

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

Databricks Raises $3B in Coatue-Led Round, Soars to $188B Valuation on Surging AI Demand

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 secures funding round at $188 billion valuation

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 on Thursday, ...

Databricks Set to Hit $188 Billion Valuation With New Investment From Coatue

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

Brick and block deliveries fall as prices rise

Deliveries of bricks and concrete blocks fell again in May but at a slower rate than in the previous month, newly released government data shows. Figures from the Department for Business and Trade ...
LocalGov

Ministers call in £500m Brick Lane data centre plan

The historic Truman Brewery on Brick Lane © Nigel J. Harris / Shutterstock.com. The Government has intervened in a £500m proposal to build a data centre at the ...