Databricks Targets $188 Billion Valuation With New Coatue Investment
Databricks is raising new funding in a financing round led by Coatue Management, valuing the company at $188 billion.
Why It Matters
Databricks, a data company, raised money from investors who think it's worth $188 billion. This shows big investors believe in the company's future, which can tell us how confident people are about AI and data businesses right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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