Databricks reportedly in talks to raise funding at a $130B+ valuation
Databricks is said to be in talks to raise a new round of funding just a few months after its last fundraise, which valued the company at $100 billion.
Databricks
Sources: Naveen Rao’s new AI hardware startup targets $5B valuation with backing from a16z
Former Databricks AI chief is raising $1 billion to build an Nvidia rival through a novel approach.
Databricks will bake OpenAI models into its products in $100M bet to spur enterprise adoption
Databricks is on the hook to pay at least $100 million to OpenAI in this deal, even if customer usage falls short. It’s a bet, but one that Databricks has already hedged.
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 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.