Databricks

Thinking Machines Lab's Inkling model, the AI startup's debut open-weight model, is now available on Databricks, expanding the platform's model ecosystem with a customization-focused AI offering.

Source: Databricks

Databricks and Nvidia jointly launched Genesis Workbench, a new tool targeting AI scientists and expanding the collaborative ecosystem between the two companies for enterprise AI workloads.

Source: HPCwire

Databricks struck a deal to acquire Panther Labs, marking a strategic move into cybersecurity as the company expands its enterprise data platform capabilities.

Source: Reuters

Databricks said annualized revenue has jumped more than 80% from a year earlier and now sits at $6.9 billion, up from a figure of $5.4 billion in the fiscal fourth quarter.While Databricks is benefiting from the AI boom, the company’s margins are shrinking as clients deploy a host of agents, resulting in higher costs.“It’s the consumption-based business model, agentic AI coming,” Databricks CEO Ali Ghodsi told CNBC in an interview.

Source: CNBC

Databricks unveiled new capabilities targeting out-of-control AI spending, aiming to give enterprises better visibility and control over their AI infrastructure bills.

Source: Axios

Databricks introduced Omnigent, a meta-harness designed to combine, control, and share AI agents, expanding its agentic AI capabilities for enterprise workflows.

Source: Databricks

Databricks introduced Omnigent, a meta-harness designed to combine, control, and share AI agents, expanding its agentic AI capabilities for enterprise workflows.

Source: Databricks

Databricks, a provider of database management software, has discussed raising more money in a funding round that could kick off within the next month. Databricks has indicated to investors the new round could lift its valuation to between $165 billion and $175 billion.Databricks achieved $5.4 billion revenue run rate, up 65% year-over-year.Databricks delays IPO, CEO privately eyes public offering as soon as next year.