SAN FRANCISCO, June 11, 2025 /CNW/ -- Data + AI Summit-- Databricks, the Data and AI company, today announced the launch of Lakebase, a first-of-its-kind fully-managed Postgres database built for AI.

Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.

CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks, which offers companies tools for building agents on top of their data, plans to ...

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.

Data analytics and artificial intelligence company Databricks Inc. is reportedly in talks to raise $5 billion in new funding on a $134 billion valuation. The new funding, if it should happen The ...

Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now has access to over $7 billion in debt, the person added.

Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That ...

In recent years, a number of companies have chosen to go public through SPACs -- but returns have largely been poor compared to the broader market. While investment banks are likely eager to work on a ...

As everyone from OpenAI co-founder Sam Altman to armchair economists debate whether we’re in an AI bubble, Databricks’ latest fundraising effort suggests at least some investors are still willing to ...