Databricks says its annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says AI agent usage is increasing costs and lowering margins
Databricks has a unique role in the AI boom. Revenue continues to soar as businesses swarm to the company's data analytics tools.
Meta plans to add cloud-based AI features to WhatsApp, like message summarization and composition, using Private Processing so the data is inaccessible to Meta
“People just submitted it. They trust me. I don't know why. Dumb fucks” [embedded post] Andrew Couts / @couts : NEW: WhatsApp has created a new system for processing AI summaries and message sugges...
Databricks raised $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; documents show Databricks has $2.6B in revenue
As CEO of Databricks, Ali Ghodsi has performed a series of ‘strategic surgeries’ to make his company one of the fastest-growing startups in Silicon Valley
Profile of Databricks CEO and co-founder Ali Ghodsi, who turned the data analytics startup into a company worth $28B, on track to reach ~$1B in sales in 2022
Ali Ghodsi was happily researching AI at Berkeley when he helped invent a revolutionary bit of code—and he wanted to give it away for free.