Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.

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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 ...

By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of ...

Databricks landed the biggest acquisition of the generative AI era to date when it bought MosaicML in June for $1.3 billion. It was a nearly 6x markup on MosaicML’s previous valuation of $222 million ...

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 ...

The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.

Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...

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 ...

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 ...