Databricks completed $5 billion equity raise at $134 billion valuation with $2 billion debt financing led by JPMorgan Chase Revenue reached $5.4 billion annualized in Q4, jumping 65% year-over-year ...

Databricks just announced new financials, revealing more about the real productivity impact of AI agents. Of the databases on Databricks' platform, 80% are now being built by AI agents, not people.

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 ...

Water consumption by data centers and cryptomining facilities will be the focus of a new data-collection effort launched Friday by the Texas Public Utility Commission. Demand to build new data centers ...

Forbes contributors publish independent expert analyses and insights. Victor Dey is an analyst and writer covering AI and emerging tech. This voice experience is generated by AI. Learn more. This ...

Mr. Shirky, a vice provost at New York University, has been helping faculty members and students adapt to digital tools since 2015. Back in 2023, when ChatGPT was still new, a professor friend had a ...

Elon Musk is eyeing sometime in June for SpaceX’s blockbuster IPO, according to the Financial Times. The billionaire reportedly wants the offering to coincide with both his birthday (June 28th) and ...

Sur la Table at Somerset Collection, a well-stocked kitchen store that's also known for its popular cooking classes, is closing. Well known for everything from kitchen gadgets to whisks and woks to ...

Driven by the artificial intelligence frenzy, Microsoft is internally projecting that water use at its data centers will more than double by 2030 from 2020, including in places that face shortages.

Nike is investigating a potential data breach after the extortion group WorldLeaks claimed to have exfiltrated more than 1.4TB of files belonging to the global sportswear brand and published it on its ...