Databricks stories

Databricks has secured USD $10 billion in Series J funding and a USD $5.25 billion credit facility to enhance its AI capabilities and global reach.

ThoughtSpot has unveiled Analyst Studio, a new platform aimed at streamlining data preparation, enhancing analytics, and optimising cloud costs for data teams.

Informatica has unveiled advancements in partnership with Databricks, enhancing the Data Intelligence Platform with GenAI capabilities for streamlined data management.

Databricks secures USD $10 billion in Series J funding, valuing the data and AI firm at USD $62 billion, as it plans major global expansions.

Varonis Systems has expanded its data security offerings to include ServiceNow, enhancing protection against cyber threats for critical business data.

Twilio has been named a leader in the IDC MarketScape for Worldwide Customer Data Platforms for B2C users for 2024-2025, highlighting its innovative solutions.

Amazon Web Services has launched its AWS Trainium2-powered EC2 instances, offering improved performance for training large AI models at lower costs.

Varonis expands its data security capabilities to include Databricks, enhancing protection for enterprise data used by 60% of Fortune 500 companies.

Cirata has launched Data Migrator 3.0, enhancing support for Apache Iceberg and Databricks Delta Lake, while improving data interoperability and security.

As the adoption of AI accelerates towards 2025, experts stress the importance of data quality and governance over generative technologies in industry.

Tioex has made strategic investments in OpenAI and Databricks, acquiring shares worth USD $2 million as it focuses on accessible AI opportunities.

Rik Tamm-Daniels shares how Informatica is revolutionising data management with generative AI and a cloud-first strategy, aiming to maximise data value.

Fivetran has joined forces with Microsoft to enhance data solutions, enabling enterprises to streamline AI and machine learning workloads securely.

A new report reveals that while 90% of UK enterprises are engaging with generative AI, only 40% feel their applications are production-ready.

A new report reveals that while 92% of Australian businesses utilise generative AI, only 37% consider their applications production-ready, citing governance and cost challenges.

Alteryx has unveiled its Fall 2024 update, enhancing hybrid analytics capabilities and introducing features like Magic Reports to boost user experience.

Dremio has unveiled a Hybrid Data Catalog for Apache Iceberg, enhancing flexibility and governance for businesses managing data across various environments.

Informatica has launched new Generative AI Blueprints to simplify AI application development across major platforms like AWS and Google Cloud.

Databricks has partnered with Amazon Web Services to boost custom AI model development using AWS Trainium chips, enhancing integration on AWS Marketplace.

Kingfisher has chosen Fivetran to optimise its data operations across eight countries, dramatically reducing manual tasks and enhancing customer experience.