The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.

According to Gartner, public cloud spend will rise 21.3% in 2026 and yet, according to Flexera's last State of the Cloud report, up to 32% of enterprise cloud spend is actually just wasted resources — ...

How chunked arrays turned a frozen machine into a finished climate model ...

(Bloomberg/Mark Bergen and Brody Ford) — Databricks is raising over $4 billion in a new funding round that values the software firm at $134 billion, another example of how some tech companies are ...

CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks said it is raising $4 billion at a $134 billion valuation to support AI app ...

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Traditional caching fails to stop "thundering ...

Microsoft is steadily broadening Azure's AI platform so developers have both richer building blocks for AI application development and more flexibility in where those applications can run. The effort ...

Data analytics company Databricks is in discussions to raise about $5B at a $134B valuation, which is nearly 32 times this year's expected sales of about $4.1B, The Information reported, citing ...

Nov 30 (Reuters) - Data analytics firm Databricks is in talks to raise $5 billion at a valuation of $134 billion, which is roughly 32 times this year's expected sales of about $4.1 billion, The ...

Update: The revised post updates with details from Databricks. San Francisco-based data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, almost 30% above ...

Databricks explores funding above $130B even as warnings of an AI bubble intensify. Investor exits from Nvidia highlight rising caution, but AI startup demand stays strong. Databricks expands its data ...