AICNBC1h ago
Databricks says annualized revenue rose 80%+ YoY
Databricks says annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says higher AI agent usage is increasing costs, 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.
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