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%.
Data company leaders aren’t interested in histrionics and handwaving.
Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie ...
Data and AI company Databricks said the fresh capital will further boost its place in the enterprise AI stack.
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.
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 reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...
The Lakebase service has been in development since June 2025 and is based on technology Databricks gained via its acquisition ...
WAYNE, PA, UNITED STATES, February 11, 2026 /EINPresswire.com/ -- PurpleLab®, the healthtech company empowering teams ...
There is a lot of enterprise data trapped in PDF documents. To be sure, gen AI tools have been able to ingest and analyze PDFs, but accuracy, time and cost have been less than ideal. New technology ...
Enterprise AI keeps hitting the same wall - not enough people who know how to use it. Databricks is spending $10 million to fix that constraint in the UK, but the real question is whether vendor-led ...
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