The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.
Databricks CEO Ali Ghodsi warns that AI agents are changing enterprise software and could put several traditional SaaS ...
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...
Data and AI company Databricks said the fresh capital will further boost its place in the enterprise AI stack.
Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...
AI isn't going to replace major SaaS apps with vibe-coded versions, Databricks Ali Ghodsi believes. But it could give rise to competitors.
San Francisco-based data and AI focused firm Databricks noted this past week that it has delivered steady results, announcing them this past week.
Databricks has emerged as a competitive threat to Snowflake. A $15 billion fundraising round earlier this year confirms the excitement around this company. According to the CFO, revenue was on track ...
The rise of generative AI is often seen as an existential threat to the SaaS model. Interfaces would disappear, software would fade away, and existing ...
The company disclosed today that its AI products’ annualized recurring revenue has increased from $1 billion in early December to $1.4 billion. Databricks’ overall run rate stands at $5.4 billion, a ...
Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.