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

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

Databricks hits $5.4B revenue run rate and banks a $134B valuation in a rare software surge

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

Databricks closes $7B+ financing round at $134B valuation

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 ...
Hoodline

SF AI Giant Databricks Stashes $7 Billion War Chest as It Braces for Tech Chill

Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term lease at One Sansome in downtown San Francisco as part of a broader Bay ...