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
@iamVictorDey shares more in @Forbes:
https://t.co/y2LdxysBNi
We are open sourcing Dolly, a ChatGPT-like model that can do instruction following, created for $30, trained 3 hours on 1 server. The secret in magical human-like interactivity probably lies in a small dataset.
https://t.co/6opU6NEArG
Getting ML into production is hard. The handoff between data scientists and MLE is messy, slow, and prone to human error. At @databricks we're working to design a tool to help data scientists build robust ML pipelines for production. Join the discussion: https://t.co/rUJoAXDVm1
For a year now, I've been putting together resources for undergrads/recent ugrads who want to experience doing research.
Figuring these details out took me a VERY long time.
Will appreciate RTs, so that young researchers in your n/w can benefit🧵
Link - https://t.co/NfhgF7nRzj
Apache Spark 3.2 will include a new #pandas API based on the Koalas open source project. We were thrilled to see Koalas exceed 20% of #PySpark downloads and see the @ApacheSpark community merge it into the main project. https://t.co/3ZBsdsnavi
Our third product announcement today is #UnityCatalog, which makes it simple to manage fine grained security for data lakes, using just ANSI SQL or a tagging-based UI. It also secures ML models, files, etc in the same way! https://t.co/3tTo8rNRFO
We’re currently facing an “avalanche of data.” @inmonbill outlines the top #data challenges today:
1️⃣ Organizing data
2️⃣ Merging data
3️⃣ Making data discoverable & accessible
#DataAISummit