Databricks said on June 16 it will acquire Panther Labs, a startup that offers an AI-based cyberattack detection platform. The deal value was not disclosed. Panther uses filters to remove unnecessary parts of system log data to cut data collection costs and secure more data needed for intrusion analysis. It also supports building detection code with natural-language prompts and suggests code changes when false positives occur. Databricks plans to combine Panther with Lakewatch.

Databricks is discussing a new fundraising round at a valuation of $165 billion to $175 billion, The Information reported on Sunday. The valuation would be up sharply from $134 billion at the end of last year. The new round could begin as soon as within a month and final terms have not been set. CEO Ali Ghodsi called 2026 the worst year to list, Bloomberg TV reported.