Databricks is reportedly in talks to raise capital at a valuation of more than $130 billion — about 30% higher than its last financing round. 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. 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.
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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.
