Will Databricks Ever IPO?

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Ali Ghodsi on X: "Today, we announced that we crossed $7B in revenue run-rate, growing over 80% year over year in Q2.

We also shared:<br>🚀 $100M+ revenue run-rate for Lakebase<br>🚀 $1.5B+ revenue run-rate for Lakehouse, growing over 100% year over year<br>🚀 Continued positive adjusted free cash flow" / X<br>Post

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Ali Ghodsi on X: "Today, we announced that we crossed $7B in revenue run-rate, growing over 80% year over year in Q2.

We also shared:<br>🚀 $100M+ revenue run-rate for Lakebase<br>🚀 $1.5B+ revenue run-rate for Lakehouse, growing over 100% year over year<br>🚀 Continued positive adjusted free cash flow"

Ali Ghodsi

@alighodsi

Today, we announced that we crossed $7B in revenue run-rate, growing over 80% year over year in Q2.

We also shared:<br>🚀 $100M+ revenue run-rate for Lakebase<br>🚀 $1.5B+ revenue run-rate for Lakehouse, growing over 100% year over year<br>🚀 Continued positive adjusted free cash flow

And we raised $5B in our latest fundraise.

We’ll use this capital to invest in:<br>1️⃣ Lakebase, our serverless Postgres database built for AI agents<br>2️⃣ Genie, our AI coworkers that actually understand your business data<br>3️⃣ Unity AI Gateway, our multi-AI governance solution that helps control costs

@iamVictorDey shares more in @Forbes:

forbes.com/sites/victorde…<br>Databricks Hits $190 Billion Valuation As CEO Ali Ghodsi Claims AGI Already Arrived

From forbes.com

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20<br>108<br>310<br>28

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@AnjneyMidha

1h

congrats! epic quarter

701

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56m

wow. That is super impressive. Congrats!!

159

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@Ferbin08

50m

Lakebase getting to real revenue this fast says the boring database layer still matters.

AI apps need memory, permissions, logs. Not just a chatbot box.

86

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Ali Ghodsi@alighodsiFollow<br>Databricks CEO & Co-founder, UC Berkeley Faculty

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