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 ...
Campus Technology

Snowflake, OpenAI Partner to Embed AI Models in Enterprise Data Workflows

Snowflake and OpenAI have announced a multi-year, $200 million partnership that will make OpenAI models available on Snowflake's platform.

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 ...
THE Journal

Snowflake Expands AI Stack With $200M OpenAI Partnership

Snowflake and OpenAI have announced a multi-year, $200 million partnership that will make OpenAI models available on Snowflake's platform.
The Next Web

Databricks hits $5.4B revenue run rate and banks a $134B valuation in a rare software surge

Databricks reached a $5.4B revenue run rate as demand for practical AI and data platforms grows across enterprise software.
Computer Weekly

Why traditional automation is key to avoid AI solution trap

Boards are pushing for AI, but Nintex CTO Niranjan Vijayaragavan warns that without a foundation of traditional auto-mation ...

Databricks CEO Reportedly Highlights Existential Risk to SaaS Days After IT Market Crash

Databricks CEO Ali Ghodsi reportedly said once AI changes the interface to language, SaaS products will become invisible.