Databricks Hits $7B Run-Rate, Raises $5B At $190B Value
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Databricks Hits $190 Billion Valuation, Rewarding Nvidia, Nancy Pelosi, And Cathie Wood
Databricks has reached a staggering $190 billion valuation, delivering significant returns for a high-profile group of investors who placed early bets on the data and artificial intelligence company. Among the notable beneficiaries is Nvidia (NASDAQ: NVDA), the chipmaker whose strategic investment in Databricks has proven to be one of its more lucrative venture-style positions outside its core semiconductor business. Former House Speaker Nancy P…
Databricks has just completed a new fundraiser of $5 billion, valuing the data platform specialist and $190 billion AI. The operation, announced on 13 August, comes only six months after a previous round of the same amount that had valued it 134 billion dollars. Its valorisation has thus [...] The post Databricks valued 190 billion dollars after a new raise of 5 billion appeared first on ChannelNews.
Databricks Hits $7B Run-Rate, Raises $5B At $190B Value
Databricks surpasses a $7B revenue run-rate and closes a $5B funding round at a $190B valuation, doubling down on its AI agent infrastructure. The post Databricks Hits $7B Run-Rate, Raises $5B At $190B Value appeared first on techcoffeehouse.com.
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