The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...

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CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks said it is raising $4 billion at a $134 billion valuation to support AI app ...

Update: The revised post updates with details from Databricks. San Francisco-based data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, almost 30% above ...

There is a lot of enterprise data trapped in PDF documents. To be sure, gen AI tools have been able to ingest and analyze PDFs, but accuracy, time and cost have been less than ideal. New technology ...

Microsoft Azure experienced a global outage on October 29. Microsoft customer-facing services were affected. Recovery came later that same day, but some problems linger. Last week, Amazon Web Services ...

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. On Azure’s status page, Microsoft’s messages have ...

The second major cloud outage in less than two weeks, Azure’s downtime highlights the “brittleness” of a digital ecosystem that depends on a few companies never making mistakes. Microsoft's problems ...

Microsoft Corp. is still suffering from a computing capacity crunch despite massive spending on data centers, a scenario that weighed on the company’s closely watched Azure cloud unit. During the ...

Thousands of users were reporting outages across Microsoft services and a variety of other products midday on Wednesday, Oct. 29. Thousands of users reported issues or outages with Microsoft Azure, a ...

The latest trends and issues around the use of open source software in the enterprise. Industrial AI company Cognite has detailed a new partnership with data engineering company Databricks with plans ...

Many enterprises running PostgreSQL databases for their applications face the same expensive reality. When they need to analyze that operational data or feed it to AI models, they build ETL (Extract, ...