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 ...
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%.
Microsoft has unveiled a preview of a C++-based vectorized query engine for the Azure Databricks cloud analytics and AI service based on Apache Spark. Azure Databricks, which is delivered in ...
Query federation for non-Databricks platforms including MySQL, PostgreSQL, Amazon Redshift, Snowflake, Azure SQL Database, Azure Synapse, and Google's BigQuery. Governance of data assets beyond ...
Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
Big-data company Databricks Inc. wants to help enterprises dig into their vast troves of data even faster, so today it launched a new, high-performance query engine for cloud-based data lakes. The ...
Databricks CEO Ali Ghodsi warns that AI agents are changing enterprise software and could put several traditional SaaS ...
eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks said it is raising $4 billion at a $134 billion valuation to support AI app ...
Data and AI company Databricks said the fresh capital will further boost its place in the enterprise AI stack.
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