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%.
CNBC is now accepting nominations for the 2026 Disruptor 50 list. Submit a nomination before February 23. Databricks, which offers companies tools for building agents on top of their data, plans to ...
Databricks raises $10 billion in oversubscribed funding round Funding to support employee stock cash-out, AI talent hiring, and M&A Dec 17 (Reuters) - Databricks has secured a $62 billion valuation ...
Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.
As everyone from OpenAI co-founder Sam Altman to armchair economists debate whether we’re in an AI bubble, Databricks’ latest fundraising effort suggests at least some investors are still willing to ...
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