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

Databricks is anticipating sales growth above 60% to $2.4 billion in annualized revenue for first half of year. CFO Dave Conte provided the figures at an investor briefing at the company's Data and AI ...

At a time when many enterprise companies have struggled to find growth and valuations have plunged, Databricks continues to prove the exception. In September the company raised $500 million on a ...

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 ...

As data sources and volumes grow, and as a data-driven orientation is increasingly deemed to be a competitive necessity, the war between platform vendors to provide the primary repository for our data ...

Databricks, the data analytics software vendor that's among the most richly valued private U.S. tech companies, told investors on Wednesday that annualized revenue will reach $2.4 billion by the ...