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Databricks information


Databricks, Inc.
Company typePrivate
IndustryComputer software
Founded2013; 11 years ago (2013)
Founders
  • Ali Ghodsi
  • Andy Konwinski
  • Ion Stoica
  • Patrick Wendell
  • Reynold Xin
  • Matei Zaharia
  • Arsalan Tavakoli
Headquarters
San Francisco, California
,
United States
Key people
  • Ali Ghodsi
  • (CEO)
  • Ion Stoica
  • (Executive chairman)
RevenueIncrease $1.6 billion (2023)[1]
Number of employees
c. 5,500 (2023)[2]
Websitedatabricks.com

Databricks, Inc. is a global data, analytics and artificial intelligence company founded by the original creators of Apache Spark.[3]

The company provides a cloud-based platform to help enterprises build, scale, and govern data and AI, including generative AI and other machine learning models.[4]

Databricks pioneered the data lakehouse, a data and AI platform that combines the capabilities of a data warehouse with a data lake, allowing organizations to manage and use both structured and unstructured data for traditional business analytics and AI workloads.[5]

Databricks acquired MosaicML for $1.4 billion in June 2023, its largest acquisition.[6]

In November 2023, Databricks unveiled the Databricks Data Intelligence Platform, a new offering that combines the unification benefits of the lakehouse with MosaicML’s Generative AI technology to enable customers to better understand and use their own proprietary data.[7]

The company develops Delta Lake, an open-source project to bring reliability to data lakes for machine learning and other data science use cases.[8]

  1. ^ Lin, Belle (March 6, 2024). "AI is Driving Record Sales at Multibillion-Dollar Databricks. An IPO Can Wait …". The Wall Street Journal. Archived from the original on March 6, 2024.
  2. ^ Corrie, Driebusch (July 29, 2023). "The Tech CEO Who Uses His Phone the Old-Fashioned Way". The Wall Street Journal. Archived from the original on February 28, 2024.
  3. ^ Saul, Derek (September 14, 2023). "Top IPO Prospect Databricks Scores $43 Billion Valuation Thanks To $500 Million Funding Round Including AI Titan Nvidia". Forbes. Retrieved March 26, 2024.
  4. ^ Sullivan, Mark (March 19, 2024). "How Databricks is helping customers develop their own customized AI models". Fast Company. Retrieved March 19, 2024.
  5. ^ Clark, Lindsay (November 16, 2023). "Databricks' lakehouse becomes foundation under fresh layer of AI dreams". The Register. Retrieved November 16, 2023.
  6. ^ Lunden, Ingrid (June 26, 2023). "Databricks picks up MosaicML, an OpenAI competitor, for $1.3B". Tech Crunch. Retrieved June 26, 2023.
  7. ^ Cai, Kenrick (November 16, 2023). "Databricks' New AI Product Adds A ChatGPT-Like Interface To Its Software". Forbes. Retrieved November 16, 2023.
  8. ^ "Databricks launches Delta Lake, an open source data lake reliability project". VentureBeat. April 24, 2019. Retrieved April 6, 2021.

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KTH Royal Institute of Technology

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