"Genie is an example of how a SaaS business may replace its user interface with natural language. For instance, he uses it to ask why warehouse usage and revenue spike on particular days. Just a few years ago, such a request required a specific query language, or maybe a special report would have been programmed. Today, any product with an LLM interface can be used by anyone, Ghodsi noted. Genie is one reason for usage growth numbers, he said."
"Everybody's like, 'Oh, it's SaaS. What's going to happen to all these companies? What's AI going to do with all these companies? For us, it's just increasing the usage," he says."
"'Why would you move your system of record? You know, it's hard to move it,' Ghodsi said."
Databricks reported a $5.4 billion revenue run-rate and 65% year-over-year growth, with over $1.4 billion attributable to AI products. The company closed a $5 billion funding round at a $134 billion valuation and secured a $2 billion loan facility. Databricks continues to operate as a cloud data warehouse provider while integrating AI features as usage drivers. Its LLM user interface, Genie, allows natural-language queries that let nontechnical users surface insights previously requiring specialized queries or programmed reports. Core systems of record remain difficult to migrate, limiting wholesale replacement of existing SaaS systems.
Read at TechCrunch
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