ClickHouse’s Recurring Revenue Passes $350 Million as OpenAI, Agent Use Jumps

Excitement for artificial intelligence agents is benefitting businesses whose software manages and monitors the databases that the AI bots use to accomplish their tasks.

ClickHouse, which sells a kind of database that can quickly analyze large volumes of data, such as website visitor activity, recently generated more than $350 million in annual recurring revenue, up 40% from May, according to a person close to the company. ClickHouse’s offerings, which include free open-source software and paid cloud services to run it, have been gaining more traction with companies including OpenAI, whose use of ClickHouse jumped in the past year, the person said.