Databricks CEO says SaaS isn’t dead, but AI will soon make it irrelevant

AI isn't going to replace major SaaS apps with vibe-coded versions, Databricks Ali Ghodsi believes. But it could give rise to ...

Databricks closes $7B+ financing round at $134B valuation

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 ...

Snowflake OpenAI Deal Shifts Data Platform Deeper Into Enterprise AI

Snowflake (NYSE:SNOW) and OpenAI agreed a multi-year partnership to deliver enterprise-grade AI agents directly on customer ...

Exasol AG (EXLGF) Discusses Preliminary Financial Results, Churn Impact, and Strategic Progress in Key Verticals Transcript

Discusses Preliminary Financial Results, Churn Impact, and Strategic Progress in Key Verticals February 3, 2026 8:00 AM ...
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Databricks raises $5 billion in new funding at a $134 billion valuation

Databricks secures $5 billion in funding at a $134 billion valuation to accelerate its AI products and serverless database, surpassing rival Snowflake..

Databricks raises $5 billion in latest funding amid IPO expectations

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