Databricks built a RAG agent it says can handle every kind of enterprise search

Databricks' KARL agent uses reinforcement learning to generalize across six enterprise search behaviors — the problem that breaks most RAG pipelines.
CNBC

Databricks completes $5 billion funding round at $134 billion valuation

Databricks said it raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation. The company also said its annualized revenue exceeded $5.4 billion for the January ...
TechCrunch

Databricks CEO says SaaS isn’t dead, but AI will soon make it irrelevant

On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products. Co-founder and CEO Ali Ghodsi wanted ...
Reuters

Databricks raises $5 billion in latest funding, defying software selloff

Company plans to use funds to accelerate AI database, Genie assistant JPMorgan Chase leads $2 billion debt financing Databricks' AI products cross $1.4 billion in annualized revenue Feb 9 (Reuters) - ...
CRN

Databricks Reports $5.4 Billion Revenue Run Rate As It Closes A $7B Investment Round

The data and AI giant will use its latest capital infusion to accelerate development of its Lakebase database for AI agents and Genie conversational AI assistant. Databricks’ astronomical growth ...