Search results for Databricks
AI & Enterprise
Small AI models near large-model performance as Dokpamo second evaluation nears
Small AI models that can be installed on PCs are evolving rapidly, raising attention over whether they can rival large models that run on high-capacity computers. Tech companies are releasing local-run models aimed at cost and privacy needs. The government is set to disclose second-round results for its independent AI foundation model project and narrow four teams to three. The article also lists recent moves by Korean and global companies on AI models, tools, pricing and partnerships.
AI & Enterprise
Databricks annualised revenue tops $7 billion
Databricks said on Thursday its annualised revenue had exceeded $7 billion. The company said it grew by more than 80 percent in the second quarter from a year earlier and completed a $5 billion strategic investment round that valued it at $190 billion. Databricks said it will use the funds to accelerate innovation in core AI products including Lakebase, Genie and Unity AI Gateway. Coatue led the round, with Blackstone, MGX and T. Rowe Price Associates participating.
AI & Enterprise
Beyond AI adoption, embedding operations is key to closing the scaling gap for digital-native companies
Digital-native companies often lead in willingness to adopt AI and the breadth of its use, but that does not always translate into the highest level of operational maturity, a 2026 report found. Executives at digital-native firms most frequently cited embedding AI at scale across core business processes as a top investment priority. The report distinguishes broad deployment from full operational embedding, including use by more than 100 users under SLAs with continuous monitoring. Examples in South Korea highlight the need for shared data, governance and operating foundations.
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AI & Enterprise
Salesforce expands zero-copy AI agent ecosystem with Google and Databricks links
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AI & Enterprise
Execution, not AI models, is what separates finance through data platforms
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AI & Enterprise
Open Secure AI Alliance launches with Nvidia and global partners; SK Telecom and Naver join
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AI & Enterprise
SKT joins Open Secure AI Alliance as founding member
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AI & Enterprise
Stripe in talks to acquire OpenRouter for nearly $10 billion
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AI & Enterprise
Meta develops Switchboard AI router targeting OpenRouter
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AI & Enterprise
Clocus partners with global firm Straiker to target agentic AI security market
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AI & Enterprise
KT builds companywide AI analytics environment, wins global innovation award
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AI & Enterprise
U.S. tech firms increasingly use Chinese open-source AI models
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AI & Enterprise
Unconventional AI unveils new AI architecture aiming to cut inference power use 1,000-fold
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AI & Enterprise
SK Shieldus takes second in Korean track at Databricks AI hackathon with living safety service
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AI & Enterprise
Anthropic adds always-on \'Claude tag\' AI teammate to Slack
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AI & Enterprise
AI cost concerns surge as OpenAI, Anthropic step up South Korea push
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AI & Enterprise
AI-focused M&A gains pace as big cloud firms step up security expansion
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AI & Enterprise
AI marketing automation startup Gradial raises $65 million in Series C funding