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

Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.

Databricks landed the biggest acquisition of the generative AI era to date when it bought MosaicML in June for $1.3 billion. It was a nearly 6x markup on MosaicML’s previous valuation of $222 million ...

As data sources and volumes grow, and as a data-driven orientation is increasingly deemed to be a competitive necessity, the war between platform vendors to provide the primary repository for our data ...