Databricks Inc. said today it has swooped to acquire a young company called Fennel AI Inc. for an undisclosed price so it can enhance its data intelligence platform with real-time feature engineering ...

A year ago, Databricks acquired MosaicML for $1.3 billion. Now rebranded as Mosaic AI, the platform has become integral to Databricks’ AI solutions. Today, at the company’s Data + AI Summit, it is ...

Four months after its last funding round, Databricks Inc. today announced that it has closed an extremely late-stage investment worth more than $4 billion. The Series L round was jointly led by ...

The march toward an open source ChatGPT-like AI continues. Today, Databricks released Dolly 2.0, a text-generating AI model that can power apps like chatbots, text summarizers and basic search engines ...