Some customers are spending hundreds of millions of dollars on AI.

Some customers are spending hundreds of millions of dollars on AI.

Databricks releases products to compete with ClickHouse, Splunk & Oracle

Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.

Databricks surpasses $5.4B ARR with over 80% sales growth, but AI infrastructure costs push gross margins from above 80% to the mid-70% range ahead of a