With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds. As one of the most ...

The data-analytics and AI software company is raising over $4 billion and crossed $4.8 billion in annual revenue rate.

Palantir's bulls cite a government-grade moat and profitable scale. Critics counter that Databricks' broader enterprise penetration and true SaaS model make it structurally faster. Citron's math is ...