Only 15% of companies successfully scale AI agents despite widespread testing, as a new Deloitte survey exposes a critical gap between enterprise ambitions and real-world deployment, with legacy data systems, integration failures, and fragmented data blocking progress for the majority of businesses.
Databricks raises $5 billion in fresh funding, catapulting its valuation to $190 billion as the AI data powerhouse surpasses $7 billion in annual revenue run rate with over 80% year-over-year growth, fueled by explosive demand for AI agents and enterprise platforms.
Databricks surges to a $7B revenue run-rate with 80% year-over-year growth and closes a massive $5B funding round at a $190B valuation, as the company aggressively expands its AI agent infrastructure with Lakebase, Genie, and Unity AI Gateway.
Databricks acquires Electric, the company behind PGlite, bringing full Postgres database power to phones, browsers, and AI agents via WebAssembly, enabling faster AI-assisted development on low-powered devices while syncing locally-run databases to enterprise cloud systems.
PGlite delivers a fully functional Postgres database directly in browsers and JavaScript runtimes as a tiny 3MB WASM package, supporting persistent storage, pgvector, PostGIS, and zero dependencies.
Intelligence raises $7.9M in seed funding led by Index Ventures to scale Design Arena, a human-feedback platform where 5.3 million users compare AI-generated visuals, already generating $60M ARR by selling crowdsourced evaluation data to frontier AI labs.
Google Research launches TabFM, a groundbreaking zero-shot tabular foundation model that makes instant predictions on tabular data without ever training on user data, now publicly available on GitHub with full scikit-learn compatibility.
World Monitor launches a powerful AI-driven global intelligence dashboard offering real-time news from 500+ feeds, 56 interactive map layers, finance tracking across 29 stock exchanges, and support for 25 languages — all open-source with 63,900 GitHub stars and fully deployable locally without API keys.
Ramp launches a free AI Token Spend Management dashboard, giving finance teams unified visibility and control over AI costs across OpenAI, Anthropic, and Google Gemini, with features like anomaly alerts and model optimization already saving some businesses thousands per month.
Vercel opens its AI Gateway leaderboard data to the public under the Creative Commons CC BY 4.0 license, enabling free commercial use of model, lab, app, and provider performance data via daily-updated CSV downloads and a public API endpoint.