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

Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.

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

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 says new products LTAP and Lakehouse//RT unify transactional and analytical data for AI agents, delivering sub-100ms latency and no ETL pipelines.

Databricks has secured a strategic funding round at a $188 billion valuation to accelerate enterprise AI innovation, strengthen Unity AI Gateway, Genie, and Lakebase, and expand AI research, ...

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July 16 (Reuters) - Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data ...