Microsoft (MSFT) Stock: Databricks Extends Azure Partnership Into the 2030s
TLDR
- Microsoft and Databricks have extended their strategic partnership into the 2030s
- Databricks will run its own core business operations on Azure Databricks and increase use of Microsoft’s Azure Cobalt chips
- Microsoft will deepen Databricks AI integrations across Microsoft 365, Teams, Copilot, Power BI, Purview, and Foundry
- Databricks Genie and Unity AI Gateway will be embedded into Microsoft customer workflows
- Databricks was recently valued at $188 billion and its platform is used by over 20,000 organizations globally
Microsoft (MSFT) stock was down 2.73% on Wednesday as the company announced a major partnership extension with Databricks, locking in collaboration through the 2030s.
Under the deal, Databricks will run its own core business operations and analytics on Azure Databricks. It will also increase its use of Azure Cobalt, Microsoft’s custom Arm-based chip platform.
Databricks currently uses Azure Cobalt 100. The company plans to move to Cobalt 200, which Microsoft says offers up to 50% better performance and includes memory encryption enabled by default.
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