Investors aren’t the only ones who want to get their hands on hot tech companies in the field of AI: It’s also likely to spur a big wave of M&A, too. Today, Databricks announced it will pay $1.3 ...

Data analytics company Databricks says its mission is to deliver data intelligence to every enterprise by allowing organizations to understand and use their unique data to build their own AI systems.

Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.