AI Boom Boosts Databricks: $4B Funding Round Lifts Valuation to $134B
Databricks secures $4 billion in Series L funding at $134B valuation, fueling AI product growth, Lakebase database development, and enterprise AI agent deployment.
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Databricks secures $4 billion in Series L funding at $134B valuation, fueling AI product growth, Lakebase database development, and enterprise AI agent deployment.
Eurostat reports that 32.7% of EU residents used generative AI in 2025, with Denmark, Estonia, and Malta leading usage and Romania, Italy, and Bulgaria lowest.
Everbloom is using material science AI to create biodegradable cashmere alternatives from textile waste, offering lower-cost fibers without changing existing manufacturing equipment.
Biotech startup Chai Discovery raised $130 million in a Series B round at a $1.3 billion valuation to advance AI-driven drug discovery.
Disney CEO Bob Iger says the company’s OpenAI partnership includes one year of exclusivity, allowing future AI licensing deals after testing generative AI use.
The Trump administration launched the U.S. Tech Force, a 1,000-person engineering corps to support AI and other tech projects across federal agencies.
First Voyage raised $2.5 million to expand Momo Self Care, an AI companion app that helps users build habits through a digital pet interface.
Amazon pauses AI-powered Fallout recap on Prime Video after fans highlight mistakes, underscoring risks of generative AI in content summarization.
Amazon launched Ask this Book, an AI-powered Kindle feature that lets readers ask contextual questions about a book without leaving the page.
Thrive Capital appointed former Palantir executive Jim Siders as CEO of Shield Technology Partners, its AI-focused IT services platform.