Databricks is a data and AI company that pioneered the data lakehouse concept, a unified platform combining the best features of data warehouses and data lakes. This allows organizations to efficiently manage and analyze structured and unstructured data for various purposes, including business analytics and AI workloads.

Key offerings and features:

• Databricks Lakehouse Platform: This unified platform provides a central location for data storage, processing, and analysis, making it easier for teams to collaborate and derive insights.
• Data Engineering: Tools and features for data ingestion, transformation, and preparation for downstream analytics and machine learning.
• Data Science and Machine Learning: A collaborative environment with notebooks and experiment tracking to develop and deploy machine learning models.
• Analytics and Business Intelligence: Capabilities for creating dashboards, visualizations, and reports to understand data and make informed decisions.
• Real-Time Analytics: Support processing and analyzing streaming data for real-time insights and actions.
• Delta Lake: An open-source storage layer that brings reliability and performance to data lakes.
• MLflow: An open-source platform for managing the end-to-end machine learning lifecycle.

Recent developments:

• In June 2023, Databricks acquired MosaicML, a company specializing in generative AI, for $1.4 billion.
• In November 2023, Databricks unveiled the Databricks Data Intelligence Platform, integrating the lakehouse concept with MosaicML’s generative AI technology. This enables customers to better understand their proprietary data and utilize it more effectively.