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 ...
The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.
The software company, growing its presence in Sunnyvale over the past year, has signed for 635,000 square feet.
Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
WAYNE, PA, UNITED STATES, February 11, 2026 /EINPresswire.com/ -- PurpleLab®, the healthtech company empowering teams ...
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech companies.
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 ...
SAN FRANCISCO, Feb. 9, 2026 /PRNewswire/ -- Databricks, the Data and AI company, today announced it crossed a $5.4 billion revenue run-rate, delivering >65% year-over-year growth during its Q4.
Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...
Driven by the artificial intelligence frenzy, Microsoft is internally projecting that water use at its data centers will more than double by 2030 from 2020, including in places that face shortages.
Data centers have caused the demand for gas-fired power in the US to explode over the past two years, according to new research released Wednesday. More than a third of this new demand, the research ...
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 ...