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That would prove a valuation bump of at least 30% over the $100 billion price tag databricks achieved in its $1 billion extension to its series k funding round that closed in september. Databricks provides a platform for data ingestion, analytics, and building. Databricks is reportedly in talks to raise capital at a valuation of more than $130 billion — about 30% higher than its last financing round.
Data analytics firm databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, the information reported on. Is in talks to raise funds at a valuation north of $130 billion, the information reported, underscoring persistent interest in the providers of ai tools despite growing warnings of. Databricks is seeking funding at a valuation above $130b as investors chase ai growth despite rising concerns over market froth and industry sustainability.
[hong kong] databricks is in talks to raise funds at a valuation north of us$130 billion, the information reported, underscoring persistent interest in the providers of ai tools despite growing warnings of an industry bubble
The us startup aims to put the new capital towards hiring and acquisitions.
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