"A year ago, we saw in the data that 30% of the databases were not created by humans,"
"For the first time, they were created by AI agents. And this year, the statistic is 80%."
"We have seen many of our portfolio companies adopt Databricks,"
Databricks secured an additional $1 billion at a $100 billion valuation nine months after a $10 billion equity raise plus $5 billion in debt. The new capital will be used to build a Supabase-competitor database intended for AI agents. Databricks CEO Ali Ghodsi reported that AI-created databases rose from 30% to 80% within a year, signaling rapid AI-driven data infrastructure growth. The round was co-led by Thrive and Insight Partners, which also co-led the earlier $10 billion raise. Insight noted widespread adoption of Databricks among its portfolio companies and highlighted Databricks' growth to $4 billion in ARR.
Read at TechCrunch
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