Databricks confirms new $100B valuation on $4B ARR
Just months after raising a whopping $10 billion, Databricks has confirmed another $1 billion raise at a $100 billion valuation.
Databricks
Databricks CEO says fresh $1B will help him attack a new AI database market
The round, which pushes Databricks’ valuation to $100B, was co-led by Insight Partners and Thrive. CEO Ali Ghodsi says he’s found an enormous untapped AI agent market to spend the funds.
ParadeDB takes on Elasticsearch as interest in Postgres explodes amid AI boom
ParadeDB built a Postgres extension that facilitates full-text search and analytics on Postgres without the need to transfer data.