Databricks is in the middle of a mega funding round, several people familiar with the matter told CNBC. The data analytics and AI company is raising at least $5 billion in cash, pegging its new ...

At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...

The artificial intelligence start-up’s funding shows investors remain enthusiastic about the A.I. boom. By Erin Griffith Reporting from San Francisco In October, OpenAI, the start-up behind 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.

There’s a funny kind of game that the latest of late-stage startups must play when raising money. They often have to sell more shares than they want or risk offending some of their existing VCs. This ...