The company said it is closing a Series K venture capital round of $1 billion, bringing its total funding to over $20 billion. Databricks said it would use the capital to expand the market for its ...

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 customers ...

Data and AI platform developer Databricks has surpassed $100 billion in market cap with its $1 billion Series K funding round ...

This article first appeared on GuruFocus. Databricks just snapped up Tecton, a startup built by ex-Uber engineers who once designed the ride-hailing giant's in-house AI system. Tecton specializes in ...