Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models ...
The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain ...
July 16 (Reuters) - Investment firm Coatue Management is leading a $3 billion investment in data analytics provider Databricks that values the company at $188 billion, the Wall Street Journal reported ...
Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.
Databricks was a hot IPO candidate, but now its raising its fourth round of private investment in the past year.