Databricks reportedly in talks to raise funding at $130B+ valuation
Databricks is reportedly in discussions to secure a new funding round that could value the data intelligence company at over $130 billion. This comes just months after its $1 billion Series K extension at a $100 billion valuation. Investors are closely watching how Databricks plans to use fresh capital to expand its AI-driven database and agent platforms, which are redefining data management.
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Why is Databricks raising funding at a $130B+ valuation?
The funding talks highlight Databricks’ growing focus on AI-powered databases and agent platforms. Co-founder Ali Ghodsi recently noted that AI-created databases are skyrocketing—from 30% last year to 80% this year. Investors see huge growth potential in these markets, with Databricks positioning itself as a leader in the $105 billion database industry.
How will Databricks use the new funds?
Databricks plans to channel the new capital into two main areas: developing a database specifically optimized for AI agents and expanding its AI agent platform. These innovations aim to revolutionize data handling, analytics, and AI-driven business workflows, reinforcing the company’s position at the forefront of enterprise AI solutions.
What does this mean for Databricks’ valuation and market position?
If completed, this round would boost Databricks’ valuation by at least 30% from its last Series K extension. The move signals strong investor confidence and positions the company for accelerated growth, acquisitions, and deeper integration of AI technologies across enterprise operations.
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