Databricks

Databricks is a San Francisco-based software company specializing in cloud-based data analytics and artificial intelligence solutions. Founded in 2013 by the original creators of Apache Spark, the company offers a unified platform that integrates data engineering, analytics, machine learning, and AI development. This platform enables organizations to build data pipelines, train models, run analytics, and develop AI applications across major cloud providers, including AWS, Microsoft Azure, and Google Cloud.

The company's flagship product, the Lakehouse Platform, combines the capabilities of data lakes and data warehouses, allowing for efficient management of both structured and unstructured data. This architecture supports various workloads, including machine learning, data storage and processing, streaming analytics, and business intelligence. In early 2024, Databricks introduced Mosaic, a suite of tools designed for customizing, fine-tuning, and building AI systems. Mosaic includes AI Vector Search for building retrieval-augmented generation models, AI Model Serving for deploying and monitoring models, and AI Pretraining, a platform for enterprises to create their own large language models.

Databricks has achieved significant financial milestones, with a valuation of $134 billion as of February 2026, following a $5 billion funding round. The company has raised a total of $20.6 billion across 22 funding rounds. In January 2025, Databricks closed a $15.3 billion financing at a $62 billion valuation, with Meta joining as a strategic investor. The company reported revenues exceeding $4 billion in the second quarter of 2025, marking a 50% increase from the previous year. Databricks has also expanded its global presence, announcing an $850 million investment in the UK to develop a new 137,000-square-foot headquarters in London, aiming to quadruple its local office space and serve as its main hub for Europe, the Middle East, and Africa.

Strategic partnerships have been pivotal to Databricks' growth. In March 2025, the company entered a five-year partnership with Anthropic, incorporating Anthropic's AI products into its platform in a deal valued at $100 million. In June 2025, Databricks partnered with Alphabet to integrate Google's Gemini models into its platform. The company also launched Agent Bricks, a suite of tools to help organizations build AI agents, and Lakebase, an operational database for AI applications. In September 2025, Databricks entered into a partnership with OpenAI to incorporate the company's large language models into its platform in a deal valued at $100 million.

Databricks' customer base includes major enterprises such as Mastercard, AT&T, and Mercedes-Benz, which utilize the platform to store, process, analyze, and build machine learning models on massive datasets. The company's competitors include other AI infrastructure providers like Snowflake and Google Cloud's BigQuery, as well as traditional data analytics companies like Palantir Technologies.