Databricks raising new funding at $188B valuation

Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion.

Databricks Is Now Worth $188 Billion. Its Next Move Could Reshape Enterprise AI

The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain ...

Databricks CEO: We're hosting open source models like Kimi and running out of GPUs

Ali Ghodsi, Databricks CEO, joins 'The Exchange' to discuss the company's latest funding round, the capabilities of Chinese ...

Applied Computing wants to give oil and gas operators an AI model for the entire plant

Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.

Databricks hits $188B valuation, extending its run as AI’s favorite second act

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models ...
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Databricks Valued at $188 Billion as AI Demand Surges

The AI firm offers a range of proprietary and open source AI models, and it plans to use the funding to purchase additional GPU capacity. Databricks said it is raising new funding led by Coatue ...