Databricks, the champion of data lakehouse technology and its open storage format underpinnings, announced it set a world record for a data warehouse performance benchmark.

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

With the new Lakehouse AI, Databricks aims to unify the data and AI platform, enabling organizations to accelerate their generative AI journey.

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.