The 2026 CNBC Disruptor 50 list will be revealed Tuesday, May 19th Databricks said it is raising $4 billion at a $134 billion valuation to support AI app building. The valuation is a 34% jump from a ...

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.

In recent years, a number of companies have chosen to go public through SPACs -- but returns have largely been poor compared to the broader market. While investment banks are likely eager to work on a ...

Transactional database technology “hasn’t actually changed that much in the last 40 years” and is inadequate for today’s operational AI applications and agents, Databricks co-founder and CEO Ali ...