Will Databricks Ever IPO?

Databricks announced it crossed $7 billion in revenue run-rate, growing over 80% year over year in Q2, and raised $5 billion in its latest fundraise. The company reported $100 million+ revenue run-rate for Lakebase and $1.5 billion+ for Lakehouse, growing over 100% year over year, with continued positive adjusted free cash flow. CEO Ali Ghodsi said the capital will be invested in Lakebase, Genie, and Unity AI Gateway.

Today, we announced that we crossed $7B in revenue run-rate, growing over 80% year over year in Q2. We also shared: 🚀 $100M+ revenue run-rate for Lakebase 🚀 $1.5B+ revenue run-rate for Lakehouse, growing over 100% year over year 🚀 Continued positive adjusted free cash flow And we raised $5B in our latest fundraise. We’ll use this capital to invest in: 1️⃣ Lakebase, our serverless Postgres database built for AI agents 2️⃣ Genie, our AI coworkers that actually understand your business data 3️⃣ Unity AI Gateway, our multi-AI governance solution that helps control costs Ali Ghodsi on X: "Today, we announced that we crossed $7B in revenue run-rate, growing over 80% year over year in Q2. We also shared: 🚀 $100M+ revenue run-rate for Lakebase 🚀 $1.5B+ revenue run-rate for Lakehouse, growing over 100% year over year 🚀 Continued positive adjusted free cash flow" - Super excited for our customers, partners, investors, and Bricksters - congrats epic quarter - wow. That is super impressive. Congrats