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%.
Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...
Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie ...
Data and AI company Databricks said the fresh capital will further boost its place in the enterprise AI stack.
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.
By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of ...
Automation and integration were key themes at Databricks’ annual customer conference, as it showed off new generative and agentic AI features coming to its cloud data lakehouse platform. At Databricks ...
Investing.com -- Databricks announced Monday it has crossed a $5.4 billion revenue run-rate with over 65% year-over-year growth in its fourth quarter.
Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.
Data company leaders aren’t interested in histrionics and handwaving.
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