Data analytics firm Databricks is in talks to raise $5 billion at a valuation of $134 billion, which is roughly 32 times this year's expected sales of about $4.1 billion, The Information reported on ...

Latest valuation a jump from $100 billion in August Databricks surpasses $4.8 billion revenue run rate in Q3 Funds to be used to expand research and for talent retention Company delivers positive free ...

Dec 16 (Reuters) - Databricks said on Tuesday that it has raised more than $4 billion at a valuation of $134 billion, the latest example of investors betting big on companies benefiting from the ...

The IPO window may have cracked open, but it seems some former startups have no intention of going public. Makes sense, in a way: IPOs were traditionally a way to raise money, and if you can manage to ...

There is no shortage of AI benchmarks in the market today, with popular options like Humanity's Last Exam (HLE), ARC-AGI-2 and GDPval, among numerous others. AI agents excel at solving abstract math ...

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OpenAI CEO Sam Altman is redirecting internal resources to speed up improvements to ChatGPT, declaring a “code red” situation that will delay work on other initiatives, according to people familiar ...

The clock is ticking on the deadline for the Justice Department to release its files on sex offender Jeffrey Epstein. Since then, a string of court rulings has ordered the publication of some ...

President Trump signed the "Epstein Files Transparency Act" into law on November 19. The Department of Justice has 30 days (until December 19) to release the files related to the Jeffrey Epstein case.

What really happens after you hit enter on that AI prompt? WSJ’s Joanna Stern heads inside a data center to trace the journey and then grills up some steaks to show just how much energy it takes to ...