Databricks Raises $5B at a $190B Valuation Amid Massive Investor Demand
TechCrunch AI · rss · 2026-08-14
Databricks has closed its latest funding round with $5 billion at a $190 billion valuation. The company originally planned to raise $1 billion, but investor demand for AI deals hit $15 billion. CEO Ali Ghodsi noted that AI is expensive, prompting them to accept more capital than initially planned to fuel growth.
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