Databricks Valued at $188 Billion
Kr00ney · x · 2026-07-18
Databricks is raising funds at an $188 billion valuation. CEO Ali Ghodsi told CNBC that China's new Kimi model K3 is a "game changer" with a notable quality leap and lower price.
He also noted that Fortune 500 companies' AI costs are rising "exponentially" while revenue growth lags. His advice: Reserve the hardest problems for frontier US models and pay a premium; use cheaper open-source models for everyday tasks.
Related event: Databricks Reportedly Raising $3B as ARR Reaches $6.9B(7 posts)→
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