Short answers, pulled from the story.
Databricks was founded in 2013 by Ali Ghodsi, Andy Konwinski, Arsalan Tavakoli-Shiraji, Ion Stoica, Matei Zaharia, Patrick Wendell, and Reynold Xin. The company grew out of the AMPLab project at the University of California, Berkeley, where the founders had worked on Apache Spark.
The lakehouse is Databricks' core platform architecture, combining elements of data warehouses and data lakes to manage structured and unstructured data. It runs on Apache Spark and uses Delta Lake, an open-source project that adds ACID transaction support to data lakes.
Databricks was valued at $134 billion after completing a $4 billion Series L funding round in December 2025, led by Insight Partners, Fidelity, and J.P. Morgan. That valuation was up from $62 billion in December 2024 and over $100 billion in August 2025.
Databricks signed a five-year, $100 million partnership with Anthropic in March 2025, a four-year partnership with Alphabet in June 2025 to bring in Gemini, and a partnership with OpenAI in September 2025 valued at another $100 million.
DBRX is a foundation model Databricks released in March 2024 under its own Databricks Open Model License. It uses a mixture-of-experts architecture with 136 billion total parameters, of which 36 billion are used on average per response, and cost $10 million to create.
As of the 9th of February 2026, Databricks had a $5.4 billion revenue run rate, growing more than 65 percent year over year. The company also reported positive free cash flow over the trailing twelve months.