Snowflake, Databricks Challenger ClickHouse Hits $15B Valuation

ClickHouse hits $15B valuation amid surging demand for AI-ready data infrastructure.
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Snowflake, Databricks Challenger ClickHouse Hits $15B Valuation
ClickHouse Valuation Soars to $15B in AI Data Boom In a striking validation of the AI infrastructure gold rush, database startup ClickHouse has surged to a $15 billion valuation—more than doubling its worth in under a year. The company just closed a $400 million funding round led by Dragoneer Investment Group, signaling strong investor confidence in its ability to power the next generation of AI applications. But what’s driving this explosive growth, and why are tech giants like Meta and Tesla betting big on ClickHouse over rivals like Snowflake and Databricks? Credit: GelatoPlus / Getty Images The answer lies in speed, scale, and open-source DNA. As AI agents increasingly rely on real-time analytics across petabytes of data, traditional data warehouses are hitting performance walls. ClickHouse, built for lightning-fast queries on massive datasets, is emerging as the engine of choice for companies building intelligent, responsive AI systems. From Yandex Spinout to AI Infrastructure Powerh…