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

Databricks, the Data and AI company, today announced it crossed a $5.4 billion revenue run-rate, delivering >65% year-over-year growth during its Q4.

The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.

Data and AI company Databricks said the fresh capital will further boost its place in the enterprise AI stack.

Databricks said on Monday it has raised about $5 billion in funding at a $134 billion valuation, as the data analytics ...

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 ...