Databricks Widens the Lead on the Yellow Brick Token Path (opens in new tab)

The gap between Databricks and Snowflake was $490m in March. It’s $1.6b today. Databricks announced it has crossed $6.9b in annualized recurring revenue, up 80% year over year.1 Snowflake’s latest quarter puts them at roughly $5.3b ARR, up 34%. Each quarter adds more distance. AI is pulling Databricks away. The fastest-growing companies in AI & software either sell AI directly, resell inference, or sit as its first derivative.2 Databricks’ AI products run at $1.7b annualized, ~25% of total AR...