Verdict on MSN
Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database ...
The Lakebase service has been in development since June 2025 and is based on technology Databricks gained via its acquisition ...
While only 13% of organizations achieved true AI and data sovereignty in 2025, those leaders realized five times the ROI of their peers. Dallas contends that by the end of 2026, nearly 30% of ...
Postgres has become the default database for modern software. Long before AI-assisted development, Postgres emerged as the backend of choice for production platforms, offering the broadest surface ...
Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...
Databricks, the Data and AI company, announced it intends to acquire Neon, a leading serverless Postgres company, to continue innovating and investing in Neon’s database and developer experience for ...
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
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