San Francisco-based Databricks is set to see its valuation soar by 61% to over $100 billion following a new funding round, highlighting strong investor interest in artificial intelligence startups.

Databricks, a data-analytics software company, is finalizing a funding round that would value it at $100 billion, a 61% increase from its last funding round in December.

Tech giants including Google fund Ion Stoica's lab, from which he launched companies like $62 billion Databricks. Now he's helping fellow profs find private funding.

(Reuters) -Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for enterprise ...

Privately held data and AI company Databricks is now worth $100 billion thanks to a new funding round. Ahead of a potential IPO in 2025 or 2026, the new funding round makes existing investors such ...