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

By Jaspreet Singh, Pritam Biswas and Krystal Hu Feb 9 (Reuters) - Databricks said on Monday it has completed a fundraising of about $5 billion at a $134 billion valuation, as the data analytics ...

Databricks is prepared to go public "when the time is right," CEO and co-founder Ali Ghodsi told CNBC in an interview.

Data company leaders aren’t interested in histrionics and handwaving.

Databricks Inc. today announced that it has raised more than $7 billion in equity and debt financing to accelerate its growth ...

Of the databases on Databricks' platform, 80% are now being built by AI agents, not people. And these aren't all tech ...

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

Databricks stock raised $5 billion at $134 billion valuation as revenue hit $5.4 billion growing 65% with AI products generating $1.4 billion.

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

Despite the market jitters around tech real estate, Databricks has been doubling down locally. The company signed a long-term ...

Databricks raised $5B in equity and $2B in debt at a $134B valuation as AI products and revenue growth accelerate ahead of a potential IPO.

Databricks said on Monday it has raised about $5 billion in funding at a $134 billion valuation, as the data analytics software startup bolsters its balance sheet ‌while keeping options open ‌for a US ...