Databricks Closes $5B Funding at $190B Valuation, CEO Claims AGI Is Here
jfiance · x · 2026-08-14
Databricks announced a $5 billion funding round, reaching a $190 billion valuation. CEO Ali Ghodsi stated that AGI has effectively arrived, with the current challenge and financial opportunity lying in unlocking enterprise context that models currently lack.
The new capital will fuel three core initiatives: Genie for accessing buried enterprise data, Lakebase for agent-specific databases, and Unity AI Gateway to help enterprises control and budget token spending.
Related event: Databricks Raises $5 Billion at $190 Billion Valuation(12 posts)→
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