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 ...

The software company, growing its presence in Sunnyvale over the past year, has signed for 635,000 square feet.

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

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 companies.

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