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

AI isn't going to replace major SaaS apps with vibe-coded versions, Databricks Ali Ghodsi believes. But it could give rise to competitors.

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 AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.

Data and AI company Databricks said the fresh capital will further boost its place in the enterprise AI stack.

The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.

San Francisco-based data and AI focused firm Databricks noted this past week that it has delivered steady results, announcing them this past week.

Public cloud spending is on a steep curve, rising from $595.7 billion in 2024 to $723.4 billion in 2025, and the fastest growing line items are often the ones n ...

Snowflake and OpenAI struck a $200 million deal to integrate GPT-5 and other models into Snowflake’s AI Data Cloud, letting ...

For decades, the predictable rhythm of the per-seat licensing model shaped the industry. Businesses paid fixed subscriptions based on headcount, and software makers enjoyed stable, recurring revenue.