Brodie Ford

Ali Gozi, Databricks CEO, I had to ask.

You need to know it's a really tough time to be an application software company, right?

I mean, whether you're Salesforce or Adobe or Workday, you can put up pretty good numbers.

You can say that a lot of people are using your AI tools, but right now, Wall Street is just not going to believe you.

And that's what's been happening with Workday.

I mean, they're down 40% over the last year before this event today.

And it seemed they said, we need to show and we need to make a step toward a more product-focused company.

Maybe the last guy who we thought was going to lead us to a new era was seen as too salesy.

We need somebody who's really going to focus on that AI R&D.

I think no matter who they picked right now, the market wouldn't have loved it.

Right now, I think if you do anything that's not exceptionally and unambiguously positive, the market wants to sell application software stocks.

The founder, he's a familiar face.

I have seen some questions around if you want to lead a company into a new AI era, do you want to go back to the same person?

There's arguments both ways, but clearly investors are not stoked.

Right.

Well, when you look up your benefits for, you know, health care or vision, you're probably logging into a Workday system no matter what company you work for.

So their core application is for human resource management.

But of course, like everybody else, they want to expand into agents and other parts of the software stack.

Sunday night, it's time to raise more money.

Yeah, it was kind of a unique situation to have this kind of large announcement from a company as mature as Oracle on a Sunday.