importantSYS.SOURCE: TechCrunch• 2026-08-13T20:14:39Z

Databricks Secures $5B Funding Round at $190B Valuation Amid Investor Demand

#ai #fundraising #startups #cloud #m&a

Databricks secured a $5 billion funding round at a $190 billion valuation, exceeding its initial $1 billion target amid intense investor interest. The company leverages the capital for AI research, strategic acquisitions, and expanding its cloud data warehouse and AI tools like Lakebase and Genie.

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

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