Tag: Ali Ghodsi
Databricks Nabs $500 Million, Pre-IPO Investment by Nvidia
Databricks hasn’t gone public yet--the market just hasn’t been right this year for that--but it did the next best thing today when it raised $500 million in a growth round of funding. The Series I round included inve Read more…
What Is MosaicML, and Why Is Databricks Buying It For $1.3B?
Databricks shocked the big data world last week when it announced plans to acquire MosaicML for a cool $1.3 billion. With just $1 million in revenue at the end of 2022 and $20 million so far this year, some speculated th Read more…
Databricks Strings a Data Mesh with Lakehouse Federation
Databricks this week unveiled Lakehouse Federation, a set of new capabilities in its Unity Catalog that will enable its Delta Lake customers to access, govern, and process data residing outside of its lakehouse. The comp Read more…
Databricks Unleashes New Tools for Gen AI in the Lakehouse
Fresh off its announcement of the acquisition of MosaicML on Monday, Databricks today unleashed a torrent of new AI capabilities at its Data + AI Summit designed to enable its customers to create generative AI applicatio Read more…
Databricks Puts Unified Data Format on the Table with Delta Lake 3.0
Databricks today rolled out a new open table format in Delta Lake 3.0 that it says will eliminate the possibility of picking the wrong one. Dubbed Universal Format, or UniForm, the new table format can read and write dat Read more…
Is Real-Time Streaming Finally Taking Off?
Like commercial fusion reactors, real-time streaming is a tantalizing technology, but one that perpetually needs just a few more years (or decades) of R&D. But some in the industry are sensing that something has shif Read more…
Databricks Claims 30x Advantage in the Lakehouse, But Does It Hold Water?
Databricks CEO Ali Ghodsi turned some heads last week with a bold claim: Customers can get 30x price-performance advantage over Snowflake when running SQL queries in a lakehouse setup. However, Snowflake waved off the st Read more…
Why the Open Sourcing of Databricks Delta Lake Table Format Is a Big Deal
Databricks introduced Delta back in 2019 as a way to gain transactional integrity with the Parquet data table format for Spark cloud workloads. Over time, Delta evolved to become its own table format and also to become m Read more…
Databricks Opens Up Its Delta Lakehouse at Data + AI Summit
Databricks, which had faced criticism of running a closed lakehouse, is open sourcing most of the technology behind Delta Lake, including its APIs, with the launch of Delta Lake 2.0. That was one of a number of announcem Read more…
In Search of the Modern Data Stack
The modern data stack is many things to many people. It’s multi-cloud! It’s the data mesh! It’s BI plus AI! To get a better visibility into just what the modern data stack is, how it’s evolving, and why it all ma Read more…
Databricks Sees Lakehouse Validation in $1.6 Billion Round
Databricks today announced a $1.6 billion Series H round of venture capital funding at a $38 billion valuation. The company says the new money validates its lakehouse approach to big data architecture, which blends the q Read more…
Lakehouses Prevent Data Swamps, Bill Inmon Says
Bill Inmon, who’s widely known as the father of the data warehouse, shared a warning for data-loving organizations at the recent Data + AI Summit: If you don’t adopt the precepts of the data lake house, you run the r Read more…
Databricks Edges Closer to IPO with $1B Round
Lending credence to reports that it’s readying an initial stock offering later this year, Databricks announced the close of a stunning $1 billion funding round, boosting the AI platform vendor’s market valuation nort Read more…
Databricks Cranks Delta Lake Performance, Nabs Redash for SQL Viz
Today at its Spark + AI Summit, Databricks unveiled Delta Engine, a new layer in its Delta Lake cloud offering that uses several techniques to significantly accelerate the performance of SQL queries. The company also ann Read more…
Databricks, Partners, Open a Unified ‘Lakehouse’
Coalescing around an open source storage layer, Databricks is pitching a new data management framework billed as combining the best attributes of data lakes and warehouses into what the company dubs a “lakehouse.” Read more…
Will Databricks Build the First Enterprise AI Platform?
Ali Ghodsi might have one of the best jobs in technology right now. As the CEO of Databricks, Ghodsi just completed an oversubscribed $400 million round of funding that gave the company a $6.2 billion valuation. Better s Read more…
How Databricks Keeps Data Quality High with Delta
Data lakes have sprung up everywhere as organizations look for ways to store all their data. But the quality of data in those lakes has posed a major barrier to getting a return on data lake investments. Now Databricks i Read more…
Apache Spark Is Great, But It’s Not Perfect
Apache Spark is one of the most widely used tools in the big data space, and will continue to be a critical piece of the technology puzzle for data scientists and data engineers for the foreseeable future. With that said Read more…
Datanami Unveils 2019 People to Watch
As we look forward into 2019, a select group of leaders in Big Data have stepped ahead of the rest. In this fourth annual People to Watch feature, we’re offering our readers a look at some of the best and brightest Read more…
Microsoft Invests in Databricks
Databricks, the high-flying analytics startup founded by the creators of Apache Spark, announced yet another venture funding haul this week as it hustles to meet what it says is growing demand for its analytics platform. Read more…