Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech companies.
Nvidia has been investing significant capital into AI-powered enterprise software platforms. Databricks offers a host of artificial intelligence (AI) applications through its Mosaic AI software.
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.
Databricks said it had raised $7 billion of fresh capital after hitting a $5.4 billion annual revenue pace in the fourth quarter. The fundraising effort, which started in November and was split ...
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When he was in college in Sweden, Ali Ghodsi read an article about a chief executive who was hired to save a struggling tech company. It reminded him of the surgeries his parents, both doctors, ...