Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie ...

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

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 ...

FILE PHOTO: Databricks logo is seen in this illustration taken December 17, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Analytics firm Databricks said on Monday it was on track to hit $4 billion ...

Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.

Aithon is an AI-native GTM platform built for regulated financial services. Aithon combines enterprise first-party systems with external market and regulatory signals, applying a financial-services ...

Databricks Ventures has made an equity investment of undisclosed size in AI and data consulting firm Indicium, which provides a range of services around Databricks software. Databricks has made an ...

Founders: Ali Ghodsi (CEO), Matei Zaharia, Reynold Xin, Ion Stoica, Patrick Wendell, Andy Konwinski, Arsalan Tavakoli-Shiraji Launched: 2013 Headquarters: San Francisco Funding: $19 billion Valuation: ...

There is no shortage of AI benchmarks in the market today, with popular options like Humanity's Last Exam (HLE), ARC-AGI-2 and GDPval, among numerous others. AI agents excel at solving abstract math ...

The importance of databases to modern enterprise AI operations cannot be overstated. Data helps to train and ground AI, and multiple research reports show that without proper data, AI efforts tend to ...

Analytics firm Databricks said on Monday it was on track to hit $4 billion in annualized revenue, up more than 50% from the prior year, on the back of surging demand for its artificial intelligence ...

(Reuters) - Data analytics firm Databricks said on Monday it was on track to hit $4 billion in annualized revenue on the back of booming demand for its artificial intelligence products, as it closed a ...