Databricks wraps $5 billion funding round at $190 billion valuation

Databricks closed a $5 billion funding round at a $190 billion valuation, capitalizing on the agentic AI wave. The company, a data and AI platform provider, will use the funds to accelerate innovation and expand its market presence.

Databricks wraps $5 billion funding round at $190 billion valuation Source: CNBC Technology https://www.cnbc.com/technology/ Databricks is benefitting off of the agentic AI /glossary/agentic-ai wave.Get AI news in your inbox Daily digest of what matters in AI. Get AI news in your inbox Daily digest of what matters in AI.