AI & Technology
Databricks launches Genie Code and acquires Quotient AI to automate data engineering
Databricks introduced Genie Code, an agentic platform that automates pipeline construction, debugging, and production maintenance, and acquired Quotient AI to embed continuous agent evaluation. Backed by strong financials — a reported $5.4B revenue run-rate, recent private financing and a credit facility — Databricks is investing to couple agent automation with governance and safety controls while racing competitors to convert usage into durable, contracted revenue.