Egypt currently ranks first in Africa and 51 st globally in government AI readiness. The country is also set to host the inaugural AI Everything Middle East & Africa (MEA) Summit, signaling its goal ...

Nov 17 (Reuters) - Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information ...

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.

Just nine months after raising a whopping $10 billion (plus $5 billion in debt) in January, Databricks has confirmed another $1 billion raise at a $100 billion-plus valuation. When rumors of the raise ...

CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks told investors and analysts on Wednesday that annualized revenue will hit $3.7 ...

Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said ...

CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Data analytics company Databricks is continuing its buying spree, acquiring Neon, which offers ...

(Bloomberg) -- Databricks Inc. is raising $10 billion in new funding, a massive cash injection that will bring the software maker’s valuation to $62 billion. The startup, which is among the world’s ...

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, ...

Your organization is embarking on the journey of building a "Data Platform." Naturally, a key question arises: which team within your organization will be responsible for this task? The immediate ...