Data and AI platform Databricks has finalized a $5 billion financing round at a $190 billion valuation on Thursday, cementing its place among the most valuable private tech firms. The AI company’s CEO ...

Apache Spark is already one of the most active open source projects in the big data world, but announcements made on Monday by Spark promoter and support firm Databricks could really heat things up.

Databricks has closed a $5bn strategic funding round at a $190bn valuation, and said it passed a $7bn revenue run-rate in its second quarter, growing more than 80% year on year. Coatue led the round.

The addition of Okera’s data governance technology to the Databricks Lakehouse Platform will boost data protection and governance for AI and machine learning tasks. Data lakehouse platform developer ...

As customers try to “get artificial intelligence right,” the need to rationalize siloed data becomes increasingly important. Data practitioners could put all their data eggs into a single platform ...