Databricks' $100 Billion Bet: AI Database Revolution
Update: 2025-09-08
Description
Databricks hits a $100 billion valuation after a fresh $1 billion funding round, fueled by its AI-centric database and a surge in AI agent-created databases. With backing from Thrive and Insight Partners, Databricks' annual recurring revenue skyrockets to $4 billion, solidifying its position as a leader in AI-driven data management.
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