Databricks Raises $5 Billion at $190 Billion Valuation Amid AI Frenzy
Databricks has closed a 5 billion strategic financing at a $190 billion valuation, as the AI company surpassed a $7 billion revenue run-rate.
Databricks, a company that helps businesses work with AI data, just got $5 billion in new money and is now worth $190 billion. This shows investors believe the company is growing fast and doing well, which is interesting to watch when thinking about which tech companies are getting the most attention right now.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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