Databricks Reaches $100B Valuation After Funding Surge - Snowflake (NYSE:SNOW)

Databricks hits $100 billion valuation, raises $1B in funding to fuel AI push - Tech Startups

Databricks has just crossed a milestone that only three other private companies in history have reached. The San Francisco-based data analytics giant is raising over $1 billion at a staggering $100 billion valuation, putting it in the same league as […] The post Databricks hits $100 billion valuation, raises $1B in funding to fuel AI push first appeared on Tech Startups.

Databricks CEO on AI: VCs are wondering if agentic AI will actually automate work

Ali Ghodsi, Databricks co-founder and CEO, joins 'Power Lunch' to discuss the company's latest funding round, if agentic AI is actually working and much more.

Databricks Reaches $100B Valuation After Funding Surge - Snowflake (NYSE:SNOW)

Databricks plans to use the funds for product development and acquisitions, reflecting a growing trend in AI investment.

Databricks CEO says fresh $1B will help him attack a new AI database market

The round, which pushes Databricks' valuation to $100B, was co-led by Insight Partners and Thrive. CEO Ali Ghodsi says he's found an enormous untapped AI agent market to spend the funds.

Databricks eyes over $100 billion valuation as investors back AI growth plans

(Reuters) -Analytics firm Databricks said on Tuesday its valuation was set to jump 61% to more than $100 billion in a funding round less than a year after its last, underscoring strong investor demand for artificial intelligence startups.

Databricks is raising a Series K Investment at >$100 billion valuation

/PRNewswire/ -- Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with...