Sources: Databricks is raising $5B at a $134B valuation, expects sales to grow 55% in 2025 to $4.1B, and is operating at roughly breakeven (Cory Weinberg/The Information)
PositiveArtificial Intelligence

- Databricks is reportedly raising $5 billion at a valuation of $134 billion, with expectations of a 55% sales growth in 2025, reaching $4.1 billion, while operating at roughly breakeven. CEO Ali Ghodsi has expressed concerns about the potential risks associated with an AI bubble.
- This funding round is significant for Databricks as it reflects investor confidence in the company's growth trajectory and its strategic positioning in the AI sector, which is increasingly competitive and rapidly evolving.
- The development highlights a broader trend in the tech industry where companies are navigating funding rounds amidst concerns about market sustainability and the potential for an AI bubble, as seen in other firms like Nvidia, which is also making substantial investments in cloud infrastructure.
— via World Pulse Now AI Editorial System
