‘AI continues to grow, citizen data scientists on the rise’
A report by Databricks sheds light on the future of artificial intelligence in business. Organizations worldwide plan to increase investments in data security, data governance and artificial intelligence platforms over the next three years. CIOs are recruiting 'citizen data scientists' to overcome ... Read more
Databricks enters next phase with major Lakehouse Platform update
Databricks announced that it's expanding its Lakehouse Platform at its Data + AI Summit.
Databricks is positioning the lakehouse more and more aggressively. Whereas the company still described itself as a unified analytics provider three to four years ago, it now revolves around the lakehouse p... Read more
Databricks brings lakehouse to AWS as pay-as-you-go option
Databricks and AWS are expanding their existing partnership. According to Databricks, a pay-as-you-go model should make it easier to build a lakehouse, the architecture with which companies realize a modern data stack.
The two companies have been collaborating for some time to support companies ... Read more
Databricks introduces Lakehouse for Media & Entertainment
Databricks launched Lakehouse for Media & Entertainment, a data lake and warehouse framework for media companies.
The Apache Spark-based analytics platform allows companies to store and analyse data. The platform was previously tailored for retail, finance and healthcare. It offers companie... Read more
Databricks introduces Lakehouse for Healthcare and Life Sciences
Databricks recently introduced Lakehouse for Healthcare and Life Sciences. The platform allows the healthcare industry to better leverage data for analytics and AI.
With the introduction of Lakehouse for Healthcare and Life Sciences, Databricks wants to expand the role of data in business operat... Read more
Snowflake and Databricks invest millions in dbt Labs
Big data specialist dbt Labs has managed to raise close to 199 million euros ($222 million) in a new investment round. Major investors include Snowflake, Databricks and Alphabet.
The round brings the market value of dbt Labs to 4.2 billion dollars. The big data specialist plans to use the new ca... Read more
Portnox raises $22 million in its Series A investment to fund growth
Portnox, a network security startup, officially known as Access Layers, announced on Thursday that it has closed a $22-million funding round. The Series A investment was led by Elsewhere partners and is going to fuel growth plans by the startup.
Large companies can have corporate networks spanni... Read more
Databricks Lakehouse for Retail launches industry-specific analytics
Databricks launches Databricks Lakehouse for Retail. The introduction consists of new and existing analytics solutions for retail organizations, built on Databricks Lakehouse.
Databricks describes the solutions as Retail Solution Accelerators. The accelerators enable data scientists and engineer... Read more
Databricks buys 8080 Labs in land grab of a low-code future
8080 Labs, developer of bamboolib, was acquired by Databricks. With the acquisition, Databricks adds a low-code data analysis solution to its portfolio.
Bamboolib is a low-code GUI app for analysing and exporting data in Python. Familiarity with Python and general programming is not a prerequisi... Read more
Databricks raises $1.6 billion in funding at a $38 billion valuation
Databricks, the Data & AI company, announced a $1.6 billion round of funding to speed up innovation and adoption of the data lakehouse as the data architecture's popularity grows rapidly across data-driven organizations.
Counterpoint Global (Morgan Stanley) led the Series H funding to put Da... Read more