Databricks reportedly in talks to raise funding at a $130B+ valuation amid AI expansion.
Matilda
Databricks Eyes $130B+ Funding Round
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. Image Credits:Smith Collection/Gado / Getty Images 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 ca…
