Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now has access to over $7 billion in debt, the person added.

Databricks raised $1.8B in new debt as it positions for a potential 2026 IPO, following strong revenue growth and a $134B ...

A new report from The Information said Databricks is looking to raise funding at a $130 billion valuation, a 30% increase from the company's $100 billion valuation around two months ago. In September, ...

OpenAI, Anthropic, SpaceX and Stripe are rumoured to be among ten of the biggest companies considering IPOs ...

OpenAI and Anthropic remain private while retail investors wait for access to leading AI model makers. Anthropic projects reaching profitability sooner than OpenAI despite lower brand recognition.

In a typically candid assessment of the current artificial intelligence landscape, the outspoken CEO of $134 billion software analytics firm Databricks, Ali Ghodsi, issued a stark warning regarding ...

Mounting capital demands in AI and space are making indefinite private ownership increasingly impractical for mega-scale tech firms. Companies like Anthropic, OpenAI, and SpaceX face structural ...