Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for enterprise customers ...

Moreover, Databricks' recent fundraising round and financial revelations may also indicate both its value as a start-up and its intention to go public. Early this year, the company raised $15.3 ...

Databricks has considered going public in the past. The company was on a path to complete an IPO in 2021 after a private funding round. That would have been a prime time to go public due to sky ...

Databricks has said it will generate $3.7 billion in annualized revenue by July, with year-over-year growth of 50%. It has also said it became cash-flow positive in January.

Databricks is one of the most valuable start-ups in the world and could seek a public offering driven by strong tailwinds in the artificial intelligence (AI) industry.

Databricks One also provides business users with secure access to Databricks Apps, the company’s development capabilities for natively building and deploying data-intensive analytical and AI ...

Databricks embraces a data analytics platform approach, but the company also recognizes that customers demand interoperability with AI models and other tools, Databricks’ Wendell says.

Last month at the Data and AI Summit, CFO Dave Conte stated that he expected Databricks to generate $3.7 billion in annualized revenue through July, representing a 50% yearly increase.