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%.
Meta dived into an essential partnership in data analytics and the AI space investing in Databricks, a fast-rising startup firm, known for advanced data solution skills. That collaboration is ...
Stocktwits on MSN
Databricks now valued at over 2X Snowflake as software valuations come under scrutiny
Databricks raised $5 billion in a private round from Goldman Sachs, Glade Brook Capital, Morgan Stanley, Neuberger Berman, ...
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