Databricks Hits $188B Valuation
jefrankle · x · 2026-07-17
Databricks announced a strategic funding round, bringing the company's valuation to $188 billion.
The new capital will be used to accelerate its AI initiatives, including:
- Unity AI Gateway: An enterprise-grade multi-AI governance solution to manage and control AI costs.
- Genie: An AI coworker that transforms business data into trusted answers and actions.
- Lakebase: A serverless Postgres database designed for AI agents.
Related event: Databricks Reportedly Raising $3B as ARR Reaches $6.9B(7 posts)→
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