Databticks CEO says his company will be worth 1 trillion by doing these three things
Royal Bank of CanadaRoyal Bank of Canada(US:RY) Fortune·2025-12-10 00:26

Core Insights - Databricks, led by CEO Ali Ghodsi, aims to join the trillion-dollar valuation club, currently valued at $134 billion and seeking funding to support this goal [2][7] Growth Areas - The first growth area is entering the transactional database market, traditionally dominated by companies like Oracle, with Databricks launching Lakehouse to combine traditional databases with modern data lake storage [3] - The rise of AI-powered coding is driving growth, with over 80% of new databases on Databricks being created by AI agents, as developers utilize AI tools for rapid software development [4] - The second growth area is Agentbricks, a platform for building AI agents that work with proprietary enterprise data, exemplified by the Royal Bank of Canada's AI agents for equity research [5][6] - The third growth area involves building applications on top of the existing infrastructure, integrating AI tools, Lakehouse, and AI agents to create a comprehensive ecosystem [6] Future Outlook - To reach a trillion-dollar valuation, Databricks would need to grow its valuation approximately sevenfold, with an expected IPO potentially occurring in early 2026 [7]