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 ...
Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.
Robinhood launches RVI, a NYSE-listed closed-end fund offering access to private companies like Stripe and Databricks.
Whoa, Kyndryl sure hit the wall. Heads rolled at the IBM spinoff, but not CEO Martin Schroeter’s. Workday CEO Carl Eschenbach wasn’t so lucky, as co-founder Aneel Bhusri replaced him after ...
Plummeting software stocks aren’t good news for any company with a big enterprise business that is considering going public. Nonetheless, there’s a growing consensus that 12-year-old Databricks—whose ...
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...
If Musk succeeds in taking SpaceX public this year, it will likely sell about 10% of its equity in the IPO, raising $125 billion. That figure would handily exceed Saudi Aramco’s IPO proceeds of $29.4 ...
Databricks, a non-public company, thrives on AI and data analysis via its Lakehouse platform. Though not yet IPO-ed, Databricks might go public post-market improvement, as per its CEO. Investors can ...
Databricks said on Monday it has raised about $5 billion in funding at a $134 billion valuation, as the data analytics ...
Databricks, a cloud-based Lakehouse platform, drives AI integration for businesses. Though not publicly traded as of mid-2025, Databricks plans a future IPO. Investors can indirectly engage via ...
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