Databricks news and trends

Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes
Investments // July 15, 2024

Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna Capital. The transaction enables NEA to give its limited partners some liquidity at a time...

Databricks Launches AI-Powered Business Intelligence Product
artificial intelligence // June 12, 2024

Databricks has launched an artificial intelligence (AI)-powered business intelligence (BI) product designed to enable anyone in an organization to access analytics and insights. The new Databricks AI/BI features both interactive dashboards and a conversational interface called Genie, the company said in a Wednesday (June 12)...

Databricks and Nvidia Team to Reduce AI Data Processing Energy
Partnerships // June 12, 2024

Nvidia is further expanding its partnership with artificial intelligence (AI)/data company Databricks. The latest collaboration, announced Wednesday (June 12), is designed to optimize data and AI workloads by bringing Nvidia’s accelerated computing to the core of Databricks’ data intelligence platform. “As data prep, curation and...

Databricks to Acquire Tabular to Enhance Data Compatibility
Acquisitions // June 04, 2024

Data and artificial intelligence (AI) company Databricks has agreed to acquire data management company Tabular, which was founded by Ryan Blue, Daniel Weeks and Jason Reid. This move aims to bring together the original creators of the open-source lakehouse formats Apache Iceberg and Linux Foundation...

Interviews & Exclusives
Databricks Doubles Down on Data to Bring AI to Fortune 500

February 22, 2024
For all its technological complexity, artificial intelligence (AI) rests on one very simple foundation: data. And it’s here that Databricks has put a stake in the ground, claiming 50% of the Fortune 500 as customers since its founding in 2013. As global head of financial services Junta Nakai told PYMNTS, educating those clients — and […]

Quick Reads
Mastercard Teams With Databricks on GenAI Assistant

October 29, 2024
Mastercard has launched a generative artificial intelligence (AI)-powered digital assistant that is designed to simplify the customer onboarding process. This is the first application developed by Mastercard’s new in-house capability for building and deploying knowledge agent tools, the company said in a Tuesday (Oct. 29) press release. Mastercard’s new in-house capability was built in collaboration […]

Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes

July 15, 2024
Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna...

Databricks Launches AI-Powered Business Intelligence Product

June 12, 2024
Databricks has launched an artificial intelligence (AI)-powered business intelligence (BI) product designed to enable anyone in an organization to access analytics and insights. The new Databricks AI/BI features both interactive...

Databricks and Nvidia Team to Reduce AI Data Processing Energy

June 12, 2024
Nvidia is further expanding its partnership with artificial intelligence (AI)/data company Databricks. The latest collaboration, announced Wednesday (June 12), is designed to optimize data and AI workloads by bringing Nvidia’s...