@Reuters If Databricks maintains roughly 30% valuation growth every 4 to 6 months, it could potentially go public in mid to late 2027 at a valuation in the range of $300B to $400B.
@Katie_Roof@coryweinberg If Databricks maintains roughly 30% valuation growth every 4 to 6 months, it could potentially go public in mid to late 2027 at a valuation in the range of $300B to $400B.
@theinformation If Databricks maintains roughly 30% valuation growth every 4 to 6 months, it could potentially go public in mid to late 2027 at a valuation in the range of $300B to $400B.
Exclusive: Databricks is telling investors a new funding round could push its valuation to $165 billion-$175 billion, up from $134 billion late last year.
The move underscores how top AI infrastructure companies continue to attract private capital despite public market uncertainty.
Full story: https://t.co/36nVbbnl76
Databricks is reportedly seeking a valuation of up to $175 billion in a new funding round.
The AI and data analytics giant continues to attract investor interest as demand for enterprise AI infrastructure accelerates, placing it among the world's most valuable private tech companies.
The move highlights how capital is still flowing into companies building the foundation of the AI boom, even as investors become more selective elsewhere.
Read more: https://t.co/JmQIytFQnZ
#Databricks #AI #ArtificialIntelligence #Tech #Startups #IUX24
Private Tech Boom: Databricks Eyes Massive $175 Billion Valuation in New Funding Talks
Data analytics software firm Databricks is in discussions to kick off a new funding round next month that could value the company between $165 billion and $175 billion. This marks a massive leap from its $134 billion valuation late last year. Driven by soaring AI demand, the firm surpassed a $5.4 billion revenue run rate. CEO Ali Ghodsi privately indicated that Databricks remains IPO-bound, potentially listing in 2027.
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#TechNews #technology #AI #dataanalytics #IPO #Databricks
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Exclusive: Databricks is discussing a new funding round that could value the company at as much as $175 billion.
The raise would give CEO Ali Ghodsi more flexibility to delay an IPO even as the company reports strong AI-driven growth.
Full story: https://t.co/jwssVxKYRa
Databricks CEO interview insights:
Significant acceleration beyond 65% YoY growth in Q1.
Over 81% of databases launched on Databricks are now from agents.
Cybersecurity market revolution - existing cybersecurity vendors can't keep up with malicious agents. Therefore, Databricks entered this market. Additionally, as AI makes software development much faster, it is much easier to enter this market.
Reaffirmed no 2026 IPO plans - bad year for IPO due to big dislocations: election year, energy uncertainty and mega IPOs.
"Chinese open-source models are absolutely dominating" given their significant cost advantage.
Source: Bloomberg
Three months later and I got it:
The definitive San Francisco rental heatmap.
Built off real data, this shows current 1-bedroom rents for a 650sqft unit.
Blue = $2,500/mo
Red = $4,250/mo
Biggest "surprise" in the past 12-months has been the rent comeback in SOMA.
"We already have artificial general intelligence," says Databricks CEO Ali Ghodsi.
"We don't need AI to get smarter, it is just lacking context" https://t.co/92hsCH9nON
Charlie Munger: "Nowadays, every director at a big company gets $300,000 a year — and everybody thinks we've arranged all this wonderful independence. A man who needs $300,000 extra a year as a director is not independent. The one thing you can guarantee is he'll try and stay a director. I don't think that's an ideal system."