Why Databricks matters
Databricks passed a $7 billion revenue run-rate in its fiscal second quarter of 2026, growing more than 80% year over year. On August 13, 2026 it closed a $5 billion strategic round led by Coatue at a $190 billion valuation, earmarked for Lakebase, Genie and Unity AI Gateway. Lakebase, its database for agents, crossed a $100 million run-rate and its data warehousing business passed $1.5 billion annualized.
The numberPassed a $7B revenue run-rate growing 80%+ and closed $5B at a $190B valuation in August 2026
On The All Things AI 100
Listed under Model platforms and developer tools. Where models are hosted, served, and turned into applications.
Quick answers
- What does Databricks do?
- Data and AI platform combining a lakehouse, Unity Catalog governance and tools for building agents. Databricks passed a $7 billion revenue run-rate in its fiscal second quarter of 2026, growing more than 80% year over year.
- What AI capabilities does Databricks offer?
- Databricks provides Mosaic AI tools for training, serving, and governing machine learning and generative models on the lakehouse. Unity Catalog controls access to data and models. Genie answers business questions in natural language against governed data. Vector Search and model serving support retrieval and inference. Agent Bricks helps teams build and evaluate agents that act on company data inside the platform.
- Why is Databricks on The All Things AI 100?
- Databricks is listed under Model platforms and developer tools. Where models are hosted, served, and turned into applications. Passed a $7B revenue run-rate growing 80%+ and closed $5B at a $190B valuation in August 2026.
- Where is Databricks based, and who owns it?
- Databricks is based in San Francisco, CA, was founded in 2013 and is private (strategic round at $190B valuation, Aug 2026).