Databricks' VP of AI, Naveen Rao, told Command Line that there are likely less than 1,000 people capable of building frontier AI models.

The $10 billion investment (which included OpenAI investors Thrive Capital and Andreessen Horowitz) is one of the largest venture rounds in history, and is equal to the largest single investment in the AI space—Microsoft’s $10 billion investment in OpenAI early last year.

Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were

The hyperscalers, cloud builders, HPC centers control the design and manufacturing of own AI infrastructure. They have big bucks, and they can afford to

Meanwhile, Perplexity raised $500 million for its AI search and immediately bought AI startup Carbon. And continuing the AI funding bubble boom, Sandbox AQ raised $300 million. But the business is real, as AI is expected to drive enterprise tech upside next year.

Databricks raises $10 billion in oversubscribed funding round Funding to support employee stock cash-out, AI talent hiring, and M&A Dec 17 (Reuters) - Databricks has secured a $62 billion ...

As the AI industry continues to evolve, Databricks is poised to play a central role in enabling organizations to adopt AI-driven strategies and achieve transformational outcomes. Its record-setting valuation and successful funding round serve as a strong vote of confidence from investors and highlight the company’s immense potential.

Cloud data platform provider Databricks Inc. today announced that it’s raising a very late-stage $10 billion funding round at a $62 billion valuation.

Databricks VP of AI said recruiting top AI researchers is like looking for "LeBron James."Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images Databricks' VP of AI said looking for ...

Teradata faces tough competition from Databricks, but its cloud migration and product innovations are key to its value narrative. See more on TDC stock here.

The integration of J.P. Morgan's Fusion platform with FactSet aims to give buy-side clients the same level of analytics available to the sell side.

Perplexity AI, too, was co-founded by a former Google researcher. The A.I.-search focused startup, most recently valued at $9 billion, was established in 2022 by its CEO Aravind Srinivas, who previously interned at Google and Google DeepMind between 2019 and 2021.