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Jaeden

πŸ‘€ Speaker
1185 total appearances

Appearances Over Time

Podcast Appearances

AI in Business
The Future of SaaS in the Age of AI

So I love this kind of quote about AI soon becoming irrelevant.

AI in Business
The Future of SaaS in the Age of AI

And I actually have perhaps a contrarian take on all of this.

AI in Business
The Future of SaaS in the Age of AI

Before we get into that, I want to just like shout out a couple of the numbers going on with Databricks because this is a company that has really been leveraging everything in AI.

AI in Business
The Future of SaaS in the Age of AI

They just announced that they have hit $5.4 billion in revenue run rate.

AI in Business
The Future of SaaS in the Age of AI

They're growing 65% year over year.

AI in Business
The Future of SaaS in the Age of AI

More than $1.4 billion of that is from their AI products.

AI in Business
The Future of SaaS in the Age of AI

So like Databricks is not something that I think a lot of consumers have heard of because they're just, you know, they don't like there's no chad ship E.T.

AI in Business
The Future of SaaS in the Age of AI

Databricks competitor that everyone's used to using.

AI in Business
The Future of SaaS in the Age of AI

But this is basically one of the backbones that is powering all of the AI embedded into a lot of the companies that you see and use today.

AI in Business
The Future of SaaS in the Age of AI

So Databricks is really crushing it.

AI in Business
The Future of SaaS in the Age of AI

And I'm blown away by the revenue right now.

AI in Business
The Future of SaaS in the Age of AI

But what I think everybody is talking about right now is what their CEO, Ali Ghosi, was talking about when he was kind of sharing a lot of these numbers.

AI in Business
The Future of SaaS in the Age of AI

And he said that he wanted to share those because there's a lot of people talking about how AI is going to kill SaaS in business.

AI in Business
The Future of SaaS in the Age of AI

He said, quote, everybody's like, oh, it's SaaS.

AI in Business
The Future of SaaS in the Age of AI

What's going to happen to all of these companies?

AI in Business
The Future of SaaS in the Age of AI

What's AI going to do with all of these companies?

AI in Business
The Future of SaaS in the Age of AI

For us, it's just increasing the usage.

AI in Business
The Future of SaaS in the Age of AI

And I think this is a really good point.

AI in Business
The Future of SaaS in the Age of AI

I think a lot of people say like, oh, so there's actually a funny tweet that I'll share by a VC.

AI in Business
The Future of SaaS in the Age of AI

She said, I love how everyone is saying SaaS is dead like you're going to get a Fortune 500 to ditch Salesforce for CRM by coded by a 13-year-old.