Cloud AI Today - Dataiku Doubles ARR Surpassing $300M with Generative AI Growth

Dataiku has achieved a significant milestone by surpassing $300 million in annual recurring revenue, marking a doubling of its ARR over the past three years. The company has seen accelerated adoption of its Generative AI capabilities, now utilized by over 20% of its 700+ global customers for over 1,000 active use cases each. This growth has been supported by its expanding global footprint and a workforce of over 1,100, serving a substantial portion of the Forbes Global 2000 companies. Dataiku's platform, noted for empowering business teams and delivering financial efficiency, has garnered recognition across various industry awards and reports, including a spot on Forbes' Cloud 100 list for 2024.

In other market news, IonQ (NYSE:IONQ) was a standout up 5.5% and closing at $41.55. At the same time, QXO (NasdaqCM:QXO) trailed, down 8.7% to close at $13.71. This week, QXO was removed from the NASDAQ Composite Index.

Alphabet's AI integration in search and YouTube is set to boost revenues. Click to explore the full narrative on Alphabet's evolving business strategy.

For more on this topic, don't miss our Market Insights article, "The AI Capex Cycle Shows No Signs Of Slowing Down," which explores the ongoing investment surge in AI infrastructure and its implications for the Cloud AI sector, highlighting both the opportunities and challenges for key industry players.

Best Cloud AI Stocks

• Super Micro Computer (NasdaqGS:SMCI) settled at $31.12 up 0.4%.
• Microsoft (NasdaqGS:MSFT) ended the day at $424.58 down 0.4%. On Tuesday, Microsoft enhanced its AI capabilities with strategic partnerships, integrating Moveworks and Omada for enterprise tasks and identity security, and collaborating with Pearson to advance AI-driven workforce skills.
• Alphabet (NasdaqGS:GOOGL) settled at $192.91 down 1.3%, not far from its 52-week high.

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Sources:

• Simply Wall St
• "Dataiku Surpasses $300M ARR Milestone, Accelerating GenAI Adoption and ROAI in Global Enterprises" from Dataiku on GlobeNewswire (published 16 January 2025)

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