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Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
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 CEO Ali Ghodsi and Nvidia CEO Jensen Huang announced an expansion of their companies’ partnership at the Databricks Data and AI Summit. I was recently back in San Francisco, attending the ...
Verdict on MSN
Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of ...
AI isn't going to replace major SaaS apps with vibe-coded versions, Databricks Ali Ghodsi believes. But it could give rise to competitors.
If you wanted to raise the profile of your major tech company and had $10 million to spend, how would you spend it? On a Super Bowl ad? An F1 sponsorship? You could spend it training a generative AI ...
Databricks is an innovative data analytics platform designed to simplify the process of building big data and artificial intelligence (AI) solutions. It was founded by the original creators of Apache ...
Data is the new fuel. The potential for machine learning and deep learning practitioners to make a breakthrough and drive positive outcomes is unprecedented. But how to take advantage of the myriad of ...
Enterprises are going all in on compound AI agents. They want these systems to reason and handle different tasks in different domains, but are often stifled by the complex and time-consuming process ...
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