AI Magazine August 2026 Issue 48 | Page 67

2013

DATABRICKS IS OFFICIALLY FOUNDED AT THE UNIVERSITY
OF CALIFORNIA

2016

SECURES A US $ 60M SERIES C FUNDING ROUND

2019

LAUNCHES DELTA LAKE, AN OPEN- SOURCE STORAGE LAYER BRINGING
RELIABILITY TO DATA LAKES
Democratising data and AI As the self-proclaimed“ data and AI company”, Databricks has long described its mission in terms of democratising data and AI, making both more widely usable across an organisation.
For Rich, as well as offering basic access to information, this means giving people the ability to act on ideas without constantly depending on technical colleagues.
“ Too often, the people who understand the business best still have to rely on technical teams to answer questions, build reports or test new ideas,” he says.“ That slows innovation down.”
Genie One is designed to shift that balance by putting AI tools directly into employees’ hands, letting them explore data and automate routine tasks without

2021

FINISHES ITS EIGHTH ROUND OF FUNDING BY RAISING US $ 1.6BN

2023

INTRODUCES AN OPEN-SOURCE LANGUAGE MODEL NAMED DOLLY IN RESPONSE TO THE
POPULARITY OF CHATGPT

2026

UNVEILS GENIE ONE AT ITS ANNUAL DATA + AI SUMMIT