Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.

Databricks CEO Ali Ghodsi said that while his company still intends to go public at some point, it won't be joining the list of high-profile tech IPOs planned for this year. “We will be a public ...

“For a while, people were thinking, ‘Oh my God, agents and AI are going to replace all these services, and services businesses are all going to go out of business. Now it turns out it’s actually the ...

Databricks, a data software company, plans to sell shares to the public at some point, but won’t tap the public markets this year amid a flurry of planned tech IPOs.