Verdict on MSN
Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database ...
The Lakebase service has been in development since June 2025 and is based on technology Databricks gained via its acquisition ...
Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie ...
Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth ...
Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...
Databricks, the Data and AI company, announced it intends to acquire Neon, a leading serverless Postgres company, to continue innovating and investing in Neon’s database and developer experience for ...
Postgres has become the default database for modern software. Long before AI-assisted development, Postgres emerged as the backend of choice for production platforms, offering the broadest surface ...
The open-source PostgreSQL (sometimes also referred to as Postgres) is apparently a very hot commodity for big enterprise data platform vendors. Unlike Neon, which was only a three-year-old company, ...
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