[AI]■ STORY TIMELINE

DATABRICKS REVENUE SURGES 80% YOY TO $6.9B

Databricks reported annualized revenue of $6.9B, up 80% year-over-year from $5.4B in Q4, driven by strong demand for its data analytics platform. However, CEO Ali Ghodsi warned that increased AI agent usage is raising costs and pressuring profit margins.

2 SOURCESFIRST SEEN JUN 17, 04:11 AM► READ THE ARTICLE

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Databricks says annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says higher AI agent usage is increasing costs, lowering margins (Jordan Novet/CNBC)

Jordan Novet / CNBC: Databricks says annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says…

Techmeme+6d 17h

Cerebras reports Q1 revenue up 94% YoY to $193.4M, net loss down 41% to $14M, and forecasts core gross margin to shrink in Q2; CBRS drops 8%+ after hours (Jordan Novet/CNBC)

Jordan Novet / CNBC: Cerebras reports Q1 revenue up 94% YoY to $193.4M, net loss down 41% to $14M, and forecasts core gr…

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