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Databricks, Inc. is a global data, analytics, and artificial intelligence (AI) company, founded in 2013 by the original creators of Apache Spark. [ 1 ] [ 4 ] The company provides a cloud-based platform to help enterprises build, scale, and govern data and AI, including generative AI and other machine learning models.
Databricks’ $43 billion valuation is up from the last time the company sought capital. In 2021, Databricks collected $1.6 billion in a series H round led by Counterpoint Global. It was valued at ...
Databricks The cloud-based data infrastructure company was valued at $38 billion in 2021, and while that figure was marked down to $31 billion in October 2022, a September 2023 fundraising round ...
The company is being closely watched as one of the year’s top IPO prospects. And, as Fortune can report exclusively, Databricks is acquiring Einblick, an AI-focused data platform.
IPO 82.4 United States Travis Kalanick, Garett Camp: DiDi: 62 July 2019 [606] June 2021 [607] IPO 73 China Cheng Wei: Facebook 50 January 2011 May 2012 [608] IPO 104 United States Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Chris Hughes, Dustin Moskovitz: Xiaomi: 45 April 2015 July 2018 [609] IPO 70 China Lei Jun: Alibaba: 42 June 2016 ...
DBRX is an open-sourced large language model (LLM) developed by Mosaic ML team at Databricks, released on March 27, 2024. [1] [2] [3] It is a mixture-of-experts transformer model, with 132 billion parameters in total. 36 billion parameters (4 out of 16 experts) are active for each token. [4]
The 2025 IPO market could be the biggest one in 10 years or longer. Here are just eight of them that could be absolutely out-of-the-park home runs. ... Databricks. With a $62 billion valuation ...
Ali Ghodsi (born December 1978) [3] is a Swedish-American computer scientist and entrepreneur [4] of Persian origin, specializing in distributed systems and big data.He is a co-founder and CEO of Databricks [5] [6] [7] and an adjunct professor at UC Berkeley.