[key points]

Key points

• •Databricks has reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products.
• •Databricks CEO Ali Ghodsi believes AI will replace user interfaces of SaaS software with natural language, making the products invisible like plumbing, but will not replace systems of record.
• •Databricks created its Lakebase database designed for AI agents, which is already generating twice as much revenue as its data warehouse did at the same stage of development.