Databricks announced it has acquired Row Zero, an early-stage spreadsheet startup, to integrate spreadsheet functionality into its Genie AI coworker platform. The acquisition aims to connect business users and AI agents with live enterprise data through a familiar interface.
The U.S. Justice Department has been investigating Andreessen Horowitz for nearly a year over whether the venture capital firm's partners improperly hold board seats at competing AI and data companies. The probe focuses on potential conflicts involving partners like Ben Horowitz at Databricks and Martin Casado at Fivetran.
Databricks secured $5 billion in funding at a $190 billion valuation, settling between its initial $1 billion target and investors' $15 billion demand. The capital will be used to expand its enterprise AI agent platform.
Pathway has secured funding at a $500 million valuation, backed by Id4 Ventures, TQ Ventures, Red Bridge Ventures, Kadmos Capital, WS Investment Co, and Databricks chief AI scientist Jonathan Frankle. The company is challenging AI reasoning cost curves with its 150-million-parameter model.
Databricks closed a $5 billion funding round at a $190 billion valuation and acquired Electric, the developer of PGLite and Electric Sync Engine, to enhance its distributed state and real-time data synchronization capabilities for AI agents.
Databricks released Omnigent, an open-source 'meta-harness' under Apache 2.0 license that composes, governs, and shares AI agents across multiple platforms including Claude Code, Codex, and Pi. The project was built in collaboration with Neon.
