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Databricks closes $5B funding at $190B valuation to accelerate AI push

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Source: CNBC
Databricks closes $5B funding at $190B valuation to accelerate AI push
Photo: CNBC
TL;DR

Databricks closed a $5 billion funding round at a $190 billion valuation, six months after a $134 billion round, with revenue run rate above $7 billion and 80% year‑over‑year growth. The funds will accelerate enterprise AI capabilities including Lakebase, Genie, and the Unity AI Gateway, as Lakebase nears a $100 million revenue run rate and Lakehouse surpasses $1.5 billion. Led by Coatue, Blackstone, MGX, T. Rowe Price and Sixth Street Growth, the round underscores strong demand for AI agents while the company remains private and continues to delay an IPO.

Topics:businesstechnology#ai#databricks#funding#lakebase#lakehouse#technology
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  1. Databricks wraps $5 billion funding round at $190 billion valuation  CNBC
  2. AI firm Databricks valued at $190 billion as it bags $5 billion in funding  Reuters
  3. Databricks Hits $190 Billion Valuation As CEO Ali Ghodsi Claims AGI Already Arrived  Forbes
  4. Databricks Raises $5 Billion at a $190 Billion Valuation  Bloomberg
  5. Databricks valued at $190 billion in latest funding round  TradingView

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