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Databricks Raises $4B Series L

Valuation hits $134B, fueling AI growth.

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Serverless Database Cuts App Time

EasyJet and others reduce delivery by up to 95%.

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Lakebase Launches PostgreSQL for AI

Integrated database empowers developers to build AI apps faster.

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Cortex AI Powers Secure LLMs

Run large language models within Snowflake’s governed environment for data privacy.

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OpenAI Models Now Native in Cortex

Snowflake partners with OpenAI to bring GPT-5.2 directly into the data cloud.

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Databricks is accelerating its AI ecosystem with a $4 billion Series L that pushes its valuation to $134 billion. The capital fuels new products and expands its data‑centric AI platform.

  • Serverless database slashes app‑development time by 75‑95% for early adopters like EasyJet.
  • Lakebase PostgreSQL offers an integrated, purpose‑built database that speeds AI‑app development.
  • The company’s Agent Bricks and Instructed Retriever tools aim to make AI agents more accurate and production‑ready.

These moves position Databricks as a key enabler for enterprises looking to build agentic AI and data‑driven applications at scale.

Snowflake Cortex is the next‑generation AI platform that lets enterprises run large language models (LLMs) inside their own data lake, ensuring compliance and data sovereignty.

  • Secure, governed environment: All model execution happens on Snowflake’s data cloud, keeping sensitive data in‑place.
  • Native model access: Partnerships with OpenAI and Google Cloud bring GPT‑5.2 and Gemini 3 directly into Cortex, eliminating data movement.
  • Developer‑friendly APIs: Functions like AI_COMPLETE and EXTRACT_ANSWER let data engineers and analysts build AI workflows without leaving SQL.

With these capabilities, Snowflake Cortex turns raw data into actionable insights faster and more securely than ever before, empowering businesses to innovate while staying compliant.

LangChain’s recent Series B round raised $125 million at a $1.25 billion valuation, cementing its status as a unicorn in the AI infrastructure space. The open‑source framework, which powers agents for companies like Rippling, Vanta, and Cloudflare, will use the capital to expand LangSmith, its end‑to‑end agent‑engineering platform.

Key takeaways: - $125 M raised from investors including IVP and CapitalG. - Valuation jumps to $1.25 B, matching the growth of the broader LLM ecosystem. - Planned use of funds: platform scaling, new features, and global developer outreach.

With this infusion, LangChain is poised to accelerate the adoption of AI agents across industries, turning the vision of seamless, reliable agent deployment into a mainstream reality.

Web Results

Why Databricks is Pouring US$4bn into Enterprise Gen AI | AI Magazine

<strong>Databricks has reported a US$4.8bn revenue run-rate in Q3, reflecting a growth rate of over 55% year-over-year. According to Databricks, its AI products and Data Warehousing business have each surpassed a US$1bn revenue run-rate</strong>.

aimagazine.com/news/why-databricks-is...

Databricks newsroom | Databricks

Explore real customer stories and discover how top businesses harness Databricks to power innovation. ... The first serverless Postgres database purpose-built for the age of AI. ... Connect with us through our newsletter, social media channels and blog RSS feed.

www.databricks.com/company/newsroom

Snowflake Cortex AI | Generative AI Services

Use <strong>Snowflake Cortex</strong> to securely run LLMs, build AI-powered apps, and unlock generative AI insights—all within your governed Snowflake environment.

www.snowflake.com/en/product/features/cortex/

Snowflake AI and ML | Snowflake Documentation

Snowflake Cortex is <strong>a suite of AI features that use large language models (LLMs) to understand unstructured data, answer freeform questions, and provide intelligent assistance</strong>.

docs.snowflake.com/en/guides-overview...

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