News

Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents

  • Jordan Novet--CNBC
  • published date: 2026-06-16 22:25:28 UTC

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

Databricks has a unique role in the AI boom. Revenue continues to soar as businesses swarm to the company's data analytics tools. But as clients rely on more AI agents to clean up data and ask questi… [+3100 chars]