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%.
The Lakebase service has been in development since June 2025 and is based on technology Databricks gained via its acquisition ...
SAN FRANCISCO, May 14, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database ...
Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie ...
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 ...
Data and AI company Databricks said the fresh capital will further boost its place in the enterprise AI stack.
Databricks, the Data and AI company, announced it intends to acquire Neon, a leading serverless Postgres company, to continue innovating and investing in Neon’s database and developer experience for ...
Databricks announced the Databricks Lakebase is now generally available on AWS-introducing a new class of operational ...
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center ...
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