On June 29, 2026, Databricks co-founder Arsalan Tavakoli revealed at SaaStr AI that the company is now running at a...

On June 29, 2026, Databricks co-founder Arsalan Tavakoli revealed at SaaStr AI that the company is now running at a $6.9 billion revenue run-rate, growing over 80% year-over-year, with AI products alone surpassing a $1.7 billion run-rate and net retention above 140% (SaaStr). This marks a significant acceleration from prior disclosures and underscores Databricks' dominant position in the data and AI platform market. The growth is corroborated by a surge in job postings across the globe—over 20 roles in June 2026 alone, including director-level positions in engineering, sales, and AI forward deployment across India, Australia, South Korea, Europe, and the US (Databricks Careers). The hiring spree indicates strong investment in go-to-market and product delivery, aligned with the revenue growth narrative. Additionally, Databricks co-founder Ion Stoica is also a co-founder of Arena, an AI leaderboard startup that recently hit $100M in annualized consumption revenue (TechCrunch), highlighting the broader Databricks ecosystem's influence in AI evaluation. Tavakoli's commentary on 'token maxing' and the context bottleneck further signals that Databricks is well-positioned to capture enterprise AI spend as companies struggle with data silos and governance. The combination of disclosed financial momentum and aggressive hiring supports an upward trajectory for Databricks in the near term.