Databricks to Raise New Funding at a $100 Billion Valuation

Databricks is a leading data and AI company that provides a unified analytics platform, helping enterprises harness big data and artificial intelligence to drive insights and innovation. Its platform integrates data engineering, machine learning, and generative AI tools—most recently introducing Lakehouse AI, a feature designed to simplify how enterprises build, deploy, and manage AI applications at scale.

The company is reportedly in talks to raise a new funding round led by Thrive Capital and Andreessen Horowitz, potentially valuing it at over $100 billion.

Databricks, headquartered in San Francisco, California, United States, was founded in 2013 by Ali Ghodsi, Matei Zaharia, Ion Stoica, Reynold Xin, Patrick Wendell, Andy Konwinski, and Arsalan Tavakoli-Shiraji. In 2019, the company joined the unicorn club. With the new funding, it aims to accelerate AI development and further solidify its position as one of the world’s most valuable private tech companies. “Databricks is benefiting from an unprecedented global demand for AI apps and agents, turning companies’ data into goldmines. We’re thrilled this round is already over-subscribed,” said Ali Ghodsi, co-founder and CEO at Databricks.

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