The data-analytics and AI software company is raising over $4 billion and crossed $4.8 billion in annual revenue rate.

Companies such as Databricks, SpaceX and OpenAI have reached mega valuations while staying private for longer.

On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.

From Spindrift to CoreWeave to Databricks, here's what happened to the companies we thought would have a banner year.

Databricks CEO Ali Ghodsi says he's hearing from venture capitalists "maybe I should just go on a break for, like, six months ...

Databricks Grows >55% YoY, Surpasses $4.8B Revenue Run-Rate, and is Raising >$4B Series L at $134B Valuation Company accelerates investments in Agent Bricks, Lakebase and Databricks Apps to power Data ...

Databricks, an AI-focused company, has successfully raised $4 billion, pushing its valuation to a staggering $134 billion.

As investment dollars continue to flood into artificial intelligence, the chief executive of Databricks is urging caution, ...

Databricks raised more than US$4 billion in a Series L funding round, valuing the data and AI company at US$134 billion.

The CEOs of Databricks and Glean say AI can't automate work as easily as expected.