Big-data analytics firm Databricks Inc. has emerged as an unlikely player in the generative artificial intelligence space, open-sourcing a new AI model that it claims is “as magical as ChatGPT,” ...
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.
Databricks said it is raising $4 billion at a $134 billion valuation to support AI app building. The valuation is a 34% jump from a funding round announced in August. Companies such as Databricks, ...
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