Tag: databricks

Here you will find all the articles with the tag: databricks.

Databricks moves from lakehouse to data intelligence

Databricks moves from lakehouse to data intelligence

Databricks has been developing the lakehouse in recent years. Now that this architecture is in place, the company is talking more about the Data Intelligence Platform. What makes Databricks' latest approach suitable for businesses? Looking purely at the choice of the term data intelligence and w... Read more

date11 days ago
Databricks acquires data replication tool Arcion for €94 million

Databricks acquires data replication tool Arcion for €94 million

Databricks has acquired Arcion for €94 million ($100 million). With this, Databricks adds data integration and replication functionality to data lakehouses. The acquisition of Arcion is a strategic move for Databricks, which previously invested in the startup. Arcion's technology had until now... Read more

date4 months ago
Databricks optimizes LLM deployment on Lakehouse platform

Databricks optimizes LLM deployment on Lakehouse platform

Databricks recently released a preview of GPU and LLM optimization for Model Serving. This should make deploying large AI models on the Lakehouse Platform easier, the company hopes. The GPU and LLM optimization functionality for Model Serving has been shown in preview form. It provides automatic... Read more

date5 months ago
Databricks raises half a billion dollars in recent investment round

Databricks raises half a billion dollars in recent investment round

Databricks has managed to raise more than 469 million euros ($500 million) in a recent Series I investment round. This brings the value of the data lakehouse and AI specialist to the previously desired amount of $43 billion. Databricks had wanted to bring the company's market value to $43 billio... Read more

date5 months ago
Salesforce and Databricks send data to each other’s lakehouse

Salesforce and Databricks send data to each other’s lakehouse

Salesforce and Databricks are expanding their partnership to bring zero-ETL data sharing to the Salesforce Data Cloud. This removes the cost for companies to copy data while delivering security benefits. As of today, it is possible to merge data from Salesforce's Data Cloud with data from Datab... Read more

date6 months ago
‘Databricks aiming at 38B euro valuation’

‘Databricks aiming at 38B euro valuation’

Databricks is continuously seeking new investment capital to upgrade its enterprise value. For this purpose, talks are now being held with an investment company, reports Bloomberg. Databricks wants to proceed with a valuation of 38 billion euros ($43 billion) with a new round of investment, Bloo... Read more

date6 months ago
Databricks seeks investment capital to integrate more AI features

Databricks seeks investment capital to integrate more AI features

Databricks is seeking new investment capital to further expand the AI capabilities for its data platform. This is what The Information writes based on insiders. An IPO is ruled out for now, the data specialist itself indicates. Databricks wants to invest even more in expanding the AI functionali... Read more

date6 months ago
Databricks provides universal data format in Delta Lake 3.0

Databricks provides universal data format in Delta Lake 3.0

Databricks recently presented its Delta Lake 3.0 platform. A key feature of this platform is the introduction of Universal Format (UniForm). With the introduction of the new version of its Delta Lake platform, Databricks aims to provide the main foundation for the Linux Foundation's open-source ... Read more

date8 months ago
1 2 3 4