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

San Francisco-based data and AI focused firm Databricks noted this past week that it has delivered steady results, announcing them this past week.

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

Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.

Databricks said it raised $5 billion in funding and $2 billion in new debt capacity at a $134 billion valuation. The company also said its annualized revenue exceeded $5.4 billion for the January ...

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

On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products. Co-founder and CEO Ali Ghodsi wanted ...

Ali Ghodsi, co-founder and CEO of Databricks, said, "We’re seeing overwhelming investor interest in our next chapter as we go after two new markets. With this new capital, we’ll double down on ...