Databricks Crosses $7B Revenue Run-Rate, Raises $5B to Fuel AI Agents
aleximm · x · 2026-08-14
Databricks announced it has surpassed a $7B revenue run-rate, growing over 80% year-over-year in Q2, alongside a massive $5B fundraise.
Key financials and strategic AI investments include:
- Data Infrastructure: Lakehouse revenue run-rate exceeds $1.5B, growing over 100% YoY.
- AI Agent Infrastructure: Lakebase, a serverless Postgres database built specifically for AI agents, surpassed a $100M revenue run-rate.
- Enterprise AI: Continued investment in Genie (AI coworkers that understand business data) and Unity AI Gateway (a multi-AI governance solution for cost control).
Related event: Databricks Raises $5 Billion at $190 Billion Valuation(12 posts)→
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