Databricks is raising a Series K Investment at >$100B valuation
4 days ago
- #AI
- #Funding
- #Databricks
- Databricks announces Series K funding round at a valuation exceeding $100 billion.
- Funding will accelerate AI strategy, including expansion of Agent Bricks and Lakebase.
- Agent Bricks is a new product for building AI agents optimized for enterprise data.
- Lakebase is a new operational database built on open-source Postgres, optimized for AI Agents.
- Investment will support future AI acquisitions and deepen AI research.
- CEO Ali Ghodsi highlights strong investor interest due to AI product momentum.
- Databricks has partnerships with Microsoft, Google Cloud, Anthropic, SAP, and Palantir.
- Over 15,000 global customers use Databricks Data Intelligence Platform.
- Platform enables organizations to drive innovation, increase revenue, and reduce costs.