Image source: Databricks. With AI technology accelerating, Databricks should have much more growth ahead of it. Given that growth potential, many investors can't wait to get their hands on its shares.

The role of data is central in developing generative AI apps, said Frankle. Frankle came to Databricks when it bought the machine learning startup he was working for, MosaicML, in 2023.

The company also announced a partnership with enterprise data processing and AI company Databricks Inc. The collaboration natively embeds Databrick’s technology for data engineering, machine ...