Search results for Ali Ghodsi
AI & Enterprise
Tech Insight: Databricks offers clues to how AI will change companies
What will people do all day when AI agents enter the workplace? Andreessen Horowitz (a16z) co-founder Ben Horowitz (벤 호로위츠) wrote on X that Databricks holds the answer. He argued AI will make more people managers rather than engineers. Horowitz highlighted Databricks\' scale, agent-driven workloads and the need for systems of record. He also cited organisational flattening, examples at Rivian and the importance of improving faster with data.
AI & Enterprise
Databricks buys spreadsheet startup Row Zero
Databricks has acquired early-stage spreadsheet startup Row Zero, TechCrunch reported on Sept. 24. Databricks plans to integrate spreadsheets as a work interface connecting AI agents and business intelligence. The company moved to buy Row Zero after confirming its finance team was using the cloud tool. CEO Ali Ghodsi said combining BI, agents and spreadsheets makes sense. Row Zero was founded by engineers from AWS and Tableau.
AI & Enterprise
Databricks annualised revenue tops $7 billion
Databricks said on Thursday its annualised revenue had exceeded $7 billion. The company said it grew by more than 80 percent in the second quarter from a year earlier and completed a $5 billion strategic investment round that valued it at $190 billion. Databricks said it will use the funds to accelerate innovation in core AI products including Lakebase, Genie and Unity AI Gateway. Coatue led the round, with Blackstone, MGX and T. Rowe Price Associates participating.
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AI & Enterprise
Databricks to acquire attack-detection platform Panther Labs
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AI & Enterprise
Databricks starts new fundraising talks at $165 to $175 billion valuation
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AI & Enterprise
Low-cost AI spread could threaten OpenAI, Anthropic IPO plans
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AI & Enterprise
AI token consumption surge may be inflated
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AI & Enterprise
Snowflake CEO says AI era brings risks and opportunities for enterprise software
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AI & Enterprise
Global security shake-up accelerates, from LLMs to world models
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AI & Enterprise
Databricks raises $5 billion at $134 billion valuation