Databricks Discusses Funding Round at Up to $175 Billion Valuation
Databricks is discussing a new funding round that could value the company at $165 billion to $175 billion, up from $134 billion late last year.
The possible raise would give Chief Executive Officer Ali Ghodsi more flexibility to delay an initial public offering even as Databricks reports strong AI-driven growth. It would also underscore how top AI infrastructure companies continue to attract private capital despite uncertainty in public markets.
From the sources (5 posts)
@katie_roofScoop: Databricks in early talks to raise capital at a valuation between $165B to $175B. This would be their Series M! 😆 w/ @coryweinberg
@katie_roof@AccessIPOs And now $165B+
@theinformationExclusive: Databricks is discussing a new funding round that could value the company at as much as $175 billion. The raise would give CEO Ali Ghodsi more flexibility to delay an IPO even as the company reports strong AI-driven growth. Fu
@theinformationExclusive: Databricks is telling investors a new funding round could push its valuation to $165 billion-$175 billion, up from $134 billion late last year. The move underscores how top AI infrastructure companies continue to attract privat
@katie_roofRT @theinformation: Exclusive: Databricks is telling investors a new funding round could push its valuation to $165 billion-$175 billion, u…