Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.
TechCrunch reports: Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.. AI is expensive, Ali Ghodsi tells…
By Dillip Chowdary • Aug 16, 2026 • Source: TechCrunch
What happened
TechCrunch reports: Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.. 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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