Databricks secures funding round at $188 billion valuation

July 16 (Reuters) - Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data ...

Databricks Is Now Worth $188 Billion. Its Next Move Could Reshape Enterprise AI

The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain ...
Hoodline

SF's Databricks Snubs IPO, Signs On for $188 Billion Private Valuation

Databricks is doubling down on staying private. The San Francisco data-and-AI heavyweight has signed a term sheet for a new ...
Morningstar

Databricks’ 40% Valuation Bump Looks ‘Almost Quaint’ Next to Anthropic

When Databricks closes its new funding round, its $188 billion valuation will be a 40% bump over when it last raised capital in February. And that’s restrained compared with its AI industry peers.
The Next Web

Databricks hits $188bn valuation in Coatue-led round, landing above its own $175bn talks

Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.
Business Insider

I run a $38 billion software company. In 10 years, CEOs who don't understand data and AI won't be eligible for the top job in any industry.

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. This as-told-to essay is based on a conversation with Ali Ghodsi, CEO of cloud-based data and AI ...
blockonomi

Databricks Raises $3B in Coatue-Led Round, Soars to $188B Valuation on Surging AI Demand

Databricks completed a term sheet agreement for a $3 billion strategic investment led by Coatue The funding values the company at $188 billion, representing a 40% increase from its $134 billion ...