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 ...
Oracle Database 26ai embeds AI capabilities directly into production databases, enabling enterprises to deploy AI securely ...
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%.
Databricks secures $5 billion in funding at a $134 billion valuation to accelerate its AI products and serverless database, surpassing rival Snowflake..
Databricks is prepared to go public "when the time is right," CEO and co-founder Ali Ghodsi told CNBC in an interview.
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech companies.
Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie ...
Tables can be accessible for screen reader users, and if tables are carefully constructed, they can be a great way to present data for all users. However, if your table is not accessible, screen ...
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