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Databricks

What Databricks does

Databricks is an enterprise data and AI platform built around a lakehouse architecture and a governance-first approach for data, analytics, machine learning, and AI agents. The platform’s core pattern is to unify “agent-ready” data and AI under shared governance so teams can build and operate analytics and production AI systems with consistent permissions, cost controls, and monitoring.

On the data side, Databricks offers lakehouse-style analytics and warehousing capabilities, plus governed access across datasets using Unity Catalog. On the AI side, Databricks positions its products around “context” and “multi-AI” operations: Genie is Databricks’ AI coworker that uses a continuously updated context layer (Genie Ontology) to ground answers in enterprise business knowledge; Unity AI Gateway is positioned as the governance layer for enterprise AI, including routing and cost controls across AI services; and Databricks Model Serving (called out in release notes) supports deployment and serving of foundation models in the Databricks environment.

For application builders, Databricks supports agent and app development via tooling described in its developer resources (for example, Databricks Apps and Agent Bricks). For governance and operational reliability, Databricks also emphasizes unified control of data and AI assets through Unity Catalog and related AI governance capabilities.

Databricks’ current strategic position (based on its most recent investor and product communications) is heavily focused on scaling enterprise AI agents with end-to-end governance, including continued investment in Lakebase (serverless Postgres for applications/agents), Genie, and Unity AI Gateway, alongside expanding partner integrations—most prominently its expanded strategic relationship with Microsoft.

News

Company record

Aug 13, 2026 · Official · DatabricksDatabricks Grows >80% YoY, Surpasses $7B Revenue Run-Rate, Scales Lakebase, Genie, and Unity AI Gateway

Databricks announced it surpassed $7B revenue run-rate, disclosed >80% year-over-year growth, and closed a $5B strategic funding round at a $190B valuation; it also tied the updates to Lakebase, Genie, and Unity AI Gateway.

Aug 10, 2026 · Reporting · Databricks DocumentationModel Serving supports DeepSeek V4 Flash (0731) as a Databricks-hosted model

Databricks release notes for August 2026 state that Model Serving now supports DeepSeek V4 Flash (0731) as a Databricks-hosted model in the us-west-2 region, accessible via Foundation Model APIs.

Aug 04, 2026 · Reporting · Databricks DocumentationUnity AI Gateway is now generally available

Databricks release notes (August 2026) state that Unity AI Gateway became generally available, describing it as Databricks’ governance solution for enterprise AI as part of Unity Catalog.

Jul 28, 2026 · Reporting · Databricks DocumentationDatabricks and Microsoft Power Platform integration for Databricks

Databricks documentation describes a connector for Microsoft Power Platform that enables low-code applications, workflows, and agents using Databricks data while preserving Databricks governance controls.

Jul 23, 2026 · Official · DatabricksDatabricks and Microsoft Expand Partnership to Help Enterprises Bring Business Context to Enterprise AI

Databricks and Microsoft expanded their strategic partnership into the 2030s. Databricks said it would deepen use of Azure Databricks and expand use of Azure Cobalt, and that it would advance native integrations across Microsoft’s stack including Databricks Genie and Unity AI Gateway governance.

Jul 20, 2026 · Reporting · Databricks DocumentationDatabricks Free Edition limitations and free no-cost access model

Databricks documentation defines Databricks Free Edition as a no-cost offering and describes limitations (including that it does not include guaranteed reliability/support/service-level agreements).

Jul 16, 2026 · Official · DatabricksDatabricks is Raising a Strategic Round of Funding at a $188 Billion Valuation

Databricks announced it signed a term sheet for strategic funding at a $188B valuation, led by Coatue, and said it would use proceeds to accelerate AI strategy across Unity AI Gateway, Genie, and Lakebase.

Jun 16, 2026 · Official · DatabricksDatabricks Launches Genie One: All-New Agentic Coworker for Every Team

Databricks announced Genie One, describing it as an agentic coworker for business teams and detailing Genie Ontology as a live context layer that continuously learns from internal/external data and connected workplace apps; it also described Genie Agents and Genie App Builder as governed building blocks.

Source map · 4 recurring channels · 13 references

Funding

Latest disclosed valuation$190B
Tracked capital$18.5B9 sourced rounds
DateRoundRaisedValuationLead / investorsEvidence
Aug 22, 2017Series D$140M
Jun 30, 2014Series B$33M
Sep 25, 2013Series A$14M

What it builds

Databricks Data Intelligence Platform

Databricks markets its unified Data + AI Platform as the foundation for building, deploying, sharing, and maintaining enterprise-grade data, analytics, and AI solutions at scale.

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Lakebase

Lakebase is Databricks’ serverless Postgres offering built for applications/AI agents, described by Databricks as part of its enterprise AI infrastructure.

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Genie (including Genie One, Genie Agents, and Genie App Builder)

Genie is Databricks’ AI coworker that turns business data into trusted answers and actions; Genie One is the agentic coworker product positioned for business teams, and Genie Agents/App Builder are presented as ways to build reusable agents and governed business apps.

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Unity AI Gateway

Unity AI Gateway is positioned by Databricks as a multi-AI governance solution for enterprise AI, including cost controls, model/provider control, and governance around AI usage.

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Unity Catalog

Unity Catalog is described in Databricks documentation as a unified governance model for data (and, in context of Databricks’ platform messaging, AI governance) across the Databricks Data Intelligence Platform.

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Databricks Model Serving

Databricks documents ongoing Model Serving support for additional foundation models as Databricks-hosted models (for example, DeepSeek V4 Flash), indicating an enterprise model-serving capability within the platform.

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Key metrics

Milestones & partnerships