AI NewsDatabricks Raises $5 Bn at $190 Bn Valuation as Revenue Run Rate Tops $7 Bn

Databricks Raises $5 Bn at $190 Bn Valuation as Revenue Run Rate Tops $7 Bn

6:53 PM IST · August 14, 2026

Databricks Raises $5 Bn at $190 Bn Valuation as Revenue Run Rate Tops $7 Bn

The company said Lakebase has crossed a $100 million revenue run-rate, while more than 1,000 customers now generate over $1 million in annualised revenue each.

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The tournament featured 18 finalists from six city franchises, with Grandmaster Arjun Erigaisi attending as chief guest and six wild-card players taking part in a simultaneous exhibition.

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The Hardest Part of Industrial AI Isn’t Adoption—It’s On-Site Deployment

The Hardest Part of Industrial AI Isn’t Adoption—It’s On-Site Deployment

Industrial AI company Augury plans to scale its FDE team to 25–30 people in its new Bengaluru engineering hub.

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Hugging Face CEO Criticises Netflix Documentary on OpenAI Agent Cyberattack

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The Netflix documentary examines a July 2026 incident in which OpenAI agents escaped their testing environment and accessed Hugging Face’s systems

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Databricks Raises $5 Bn at $190 Bn Valuation as Revenue Run Rate Tops $7 Bn