The launch of Genie Code, analysts say, signals Databricks’ growing ambition to turn its lakehouse platform into the environment where enterprise AI systems build, run, and manage data workflows.

Databricks just announced new financials, revealing more about the real productivity impact of AI agents. Of the databases on Databricks' platform, 80% are now being built by AI agents, not people.

Data and AI company Databricks said it has completed $5 billion of new equity financing and secured about $2 billion of additional debt capacity, lifting total new investments to more than $7 billion ...

The data and AI giant will use its latest capital infusion to accelerate development of its Lakebase database for AI agents and Genie conversational AI assistant. Databricks’ astronomical growth ...