17 June 2026

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 (Jordan Novet/CNBC)

Jordan Novet / CNBC:
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.

Posted from: this blog via Microsoft Power Automate.

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