Artificial intelligence startup Databricks is now worth $2.75 billion after raising $250 million from Andreessen Horowitz and Microsoft

“‘Many companies are excited to AI, but they’re struggling. It’s because the problems they’re trying to solve is different from sexy A.I.,’ Ali Ghodsi, CEO and co-founder of Databricks, told Business Insider. “We’re the only company that focuses on how can you do the boring things and A.I. together. We don’t see any vendors out there that try to do that.”

Ghodsi says that Databricks has been able to grow so fast because there aren’t many other companies doing the same thing. Databricks has a platform that supports both machine learning algorithms and data. Meanwhile, he says, most companies only focus on one or the other, leaving companies to do the manual work of stitching both together.”

https://www.lmtonline.com/technology/businessinsider/article/Artificial-intelligence-startup-Databricks-is-now-13590472.php

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