Databricks

Databricks is an American software company founded by the creators of Apache Spark. Databricks develops a web-based platform for working with Spark that provides automated cluster management and IPython-style notebooks. Key executives include CEO Ali Ghodsi and Executive Chair Ion Stoica. Competitors include cloud providers such as Amazon Web Services, Azure and Google Cloud, as well as other data and analytics companies like Snowflake and Cloudera.

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OpenRouter CEO Alex Atallah
Exclusive

Startup That Helps Developers Pick AI Models Nears $1.3 Billion Valuation

By Julia Hornstein, Stephanie Palazzolo and Kevin McLaughlin · Apr 1, 2026 8:24am PDT · 1 comment
As more AI apps and agents shift to using multiple AI models, startups that help developers choose the right ones are gaining traction. In the latest example, OpenRouter, which helps AI app developers access hundreds of models from a single application programming interface, is in talks to raise $120 million in new funding led by one of Alphabet... As more AI apps and agents shift to using multiple AI models, startups that help developers...
Art by Mike Sullivan

SpaceX Makes a $75 Billion Offer Investors Can’t Refuse

By Cory Weinberg · Mar 31, 2026 6:00am PDT · 5 comments
Whether professional investors think SpaceX is the stock of a lifetime or a grossly overvalued Elon Musk conglomerate, they will be under intense pressure to buy into its initial public offering at a $1 trillion–plus valuation. The most important question for many of them will be: Can I really afford to sit this out? Heightening Wall... Whether professional investors think SpaceX is the stock of a lifetime or a grossly overvalued...
Illustration: Clark Miller (Photos: Getty Images)
The Weekend

Inside JPMorgan's Tech100: Bezos, Amodei and the Billionaire Who Wasn't There

By Jessica E. Lessin · Mar 28, 2026 8:00am PDT
Welcome, Weekenders! In this newsletter:• The Big Read: Midjourney’s David Holz was AI’s creative rebel. Then Google pounced. • Plus, Recommendations—our weekly pop culture picks: “Catching the Codfather”  “American Reich” and “For All Mankind”The only thing more fluid these days than which AI company has a better model is which... Welcome, Weekenders! In this newsletter:• The Big Read: Midjourney’s David Holz was AI’s creative...
Databricks CEO Ali Ghodsi. Jeff Chiu/AP.
Dealmaker

The Databricks IPO Watch

By Cory Weinberg and Valida Pau · Feb 5, 2026 4:00pm PST
Plummeting software stocks aren’t good news for any company with a big enterprise business that is considering going public. Nonetheless, there’s a growing consensus that 12-year-old Databricks—whose initial public offering has been chatted about for years—could take the step by the end of this year, according to several investment bankers and... Plummeting software stocks aren’t good news for any company with a big enterprise business that...