Databricks reportedly in talks to raise funding at a $130B+ valuation
PositiveArtificial Intelligence
- Databricks is reportedly in talks to raise a new round of funding, aiming for a valuation exceeding $130 billion, just months after its last fundraising round valued the company at $100 billion. This indicates a significant momentum in the company's financial trajectory and reflects the growing demand for its AI
- The potential increase in valuation underscores the confidence investors have in Databricks' business model and its strategic position in the rapidly evolving AI landscape. This funding could enable further innovation and expansion, solidifying Databricks' role as a leader in the industry.
— via World Pulse Now AI Editorial System


