AIFundraisingStartupsTCDatabricks

Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

TechCrunch AIJulie BortAugust 14, 20260 viewsSource

AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.

Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation. - AI Trends - Hub light | Hub light