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Nancy Pelosi's Portfolio Keeps Winning—Her Databricks Stake Is Up 302% - NVIDIA (NASDAQ:NVDA)
Databricks aims to raise over $130 billion to boost AI strategy and product expansion, targeting $4 billion in annual revenue, as reported by The Information.
- On November 18, 2025, The Information reported Databricks is in discussions to raise fresh capital at a valuation reportedly exceeding $130 billion.
- Following a $100 billion valuation in September, the San Francisco-based company closed a $1-billion funding round, and Databricks has received numerous investor inquiries.
- Founded in 2013, Databricks provides platforms for data integration, analysis and AI application building, serving about 15,000 customers including Block, Shell and Rivian.
- Databricks plans to deploy proceeds to speed its AI strategy, expand products, launch an operational database category and target $4 billion in annualized revenue.
- The report noted no term sheet has been signed, Reuters could not immediately confirm the report and Databricks declined to comment on the talks with investment firms.
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Times of IndiaReposted by 
The Economic Times
The Economic TimesDatabricks in talks to raise capital at above $130 billion valuation: The Information
Databricks is reportedly discussing a new funding round that could value the company at over $130 billion, far above its previous $100 billion valuation. The AI-focused data platform, which recently raised $1 billion, continues to see strong demand and now serves around 15,000 customers worldwide.
·India
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Coverage Details
Total News Sources17
Leaning Left3Leaning Right2Center3Last UpdatedBias Distribution38% Left, 37% Center
Bias Distribution
- 38% of the sources lean Left, 37% of the sources are Center
38% Left
L 38%
C 37%
R 25%
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