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The Databricks platform is a unified analytics and data engineering environment built for modern big data and AI workflows. It is based on Apache Spark and designed to simplify complex data engineering, data science, and analytics tasks.
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One of the world’s most valuable private tech companies is raising billions more in cash and is in no rush to go public, sources told #CNBC. San Francisco-based #Databricks is raising at least another $5 billion in its latest funding round — though it could raise up to $8 billion given the round is ongoing — according to several sources who asked not to be named because the discussions were private. The latest raise would value the company at $55 billion and could top the largest round of the ye
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