Precise Systems has appointed Summer Raley as vice president of business development for the Naval Air Systems Command market ...

Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp.

Right. Before we begin, for important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. And if you ...

Here’s a little secret for you: The next wave of AI success is going to be completely dependent on structured data. Maybe that’s a no-brainer to you. Maybe I’m telling you that the next time you take ...

On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products. Co-founder and CEO Ali Ghodsi wanted ...

Databricks said it raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation. The company also said its annualized revenue exceeded $5.4 billion for the January ...

Databricks announced the Databricks Lakebase is now generally available on AWS—introducing a new class of operational database that treats infrastructure as a flexible, on-demand service. According to ...

Databricks now has access to over $7 billion in debt, a person familiar with the matter told CNBC. Investors valued the data analytics software maker at $134 billion in a funding round announced in ...

Databricks says Instructed Retriever outperforms RAG and could move AI pilots to production faster, but analysts warn it could expose data, governance, and budget gaps that CIOs can’t ignore.

Four months after its last funding round, Databricks Inc. today announced that it has closed an extremely late-stage investment worth more than $4 billion. The Series L round was jointly led by ...

(Bloomberg/Mark Bergen and Brody Ford) — Databricks is raising over $4 billion in a new funding round that values the software firm at $134 billion, another example of how some tech companies are ...