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

tech

Human

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 competitors.

3 days ago

Databricks Hits $5.4B Revenue Run Rate and Banks a $134B Valuation

tech

Human

Databricks Hits $5.4B Revenue Run Rate and Banks a $134B Valuation

Databricks is having one of those years that most enterprise software companies would quietly envy. The data and AI platform says it has reached a $5.4bn annual revenue run rate, growing 65% year over year, at a time when growth across the sector has cooled noticeably.

2 days ago

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