DDOG · Earnings call · 2026Q2T · Full report

AI Infrastructure Demand

Datadog, Inc. · 2026-08-06 · Importance 34 · Surprise 42

Datadog serves more than 750 AI customers, including AI startups, hyperscalers’ in-house AI labs, and newly formed model-training companies. Two neuro labs signed seven-figure annualized deals to monitor GPU fleets and training infrastructure, while hyperscaler AI labs are using Datadog for similar model-training workloads that previously relied on homegrown monitoring. Management expects inference to become the dominant AI workload and sees observability opportunities across GPUs, LLMs, vector databases, agent tool calls, applications, cost, and agent outcomes.

Key facts

• Datadog's GPU monitoring product is getting significant usage in neuro labs and very AI-first customers; agent monitoring product volume is exploding
• As of Q2, over 750 AI customers use Datadog to monitor and improve their tech stacks; top ten AI leaders are all Datadog customers