Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion.

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion.

Databricks is one of the most valuable start-ups in the world and could seek a public offering driven by strong tailwinds in the artificial intelligence (AI) industry.

Databricks One offers a simple, code-free environment that lets teams—from marketing to legal—generate powerful AI-driven insights from secure corporate data.

Databricks Inc. today introduced a new serverless database called Lakebase that can process more than 10,000 queries per second. The service is based on PostgreSQL, a popular open-source ...

Databricks’ acquisition of Tabular puts new pressure on competitors such as Snowflake and Confluent as cloud data management rises in importance for AI initiatives.

Considering Databricks' 50% revenue growth and the continued investor focus on AI, the company is likely to hold the attention of investors, regardless of whether it remains private or launches ...

Databricks positions Agent Bricks as a response to a growing challenge in enterprise AI: the complexity and cost of bringing prototype agents into production.