The plumbing under enterprise AI — where the data actually lives.
Founded by the team behind Apache Spark, Databricks popularised the lakehouse: one place to store raw data and run analytics and machine learning over it. Australian banks, miners and retailers are among the many enterprises that have standardised on this category. Its private rounds have priced it above $60B.
Figures above are drawn from press reporting and secondary-market pricing — the same numbers institutional desks are working from right now.
We'll email you our written note on Databricks and let you know when something verifiable changes. No allocations, no brokerage, no pressure.
Written for Australian and New Zealand readers. We send the note, then updates only when something verifiable changes.
Anthropic builds Claude and sells it almost entirely to enterprise. Reporting suggests an S-1 is already with the SEC, which puts a 2026 float firmly on the table for local investors watching from Sydney and Melbourne.
ChatGPT turned OpenAI into a household name well beyond tech. Any move to public markets would be scrutinised harder than almost any listing of the decade.
Stripe has stayed private far longer than most expected. When that changes, it would rank among the largest fintech listings on record.
Ripple runs the XRP Ledger and a stablecoin aimed squarely at institutions moving money between countries — a problem Australian businesses know well.
Voice, video and text built around communities rather than followers. Discord's subscription business has turned that habit into recurring revenue.
Palo Alto Networks is the rare name on this list you can already buy through a normal brokerage account. It sells firewalls, cloud security and detection tooling to large organisations.
Plain English, sourced where we can source it, honest about what nobody knows yet.