Naveen Rao, Databricks’ AI chief, steps down to start a new venture focused on reducing AI computing costs. His exit comes as Databricks secures massive funding, raising questions on maintaining ...

Analytics firm Databricks said on Tuesday its valuation was set to jump 61% to more than $100 billion in a funding round less than a year after its last, underscoring strong investor demand for ...

In a post on X (formerly Twitter) on Wednesday afternoon, Citron Research highlighted that Databricks has been valued at $100 billion in the private markets. “Give Palantir the same $100 billion ...

Databricks, a key rival to Snowflake in the cloud data and analytics space, is finalizing a new funding round that would value the company at $100 billion, which is a sharp jump from its $62 billion ...

Term sheet signed for Series K; amount undisclosed, valuation reportedly up 61%. Company serves 15,000 customers; funds target product development and AI acquisitions globally. Join Benzinga Real-Time ...

Databricks is set to raise fresh capital through a Series K round, pushing its valuation past $100 billion as demand for enterprise AI surges The company plans to channel the funds into AI-focused ...

Databricks is in the process of closing a fresh round at a $100 billion valuation, sources confirmed to TechCrunch. The round was originally reported by the Wall Street Journal. A source familiar with ...

Databricks said its new funding round is valuing the cloud-based data analytics company at more than $100B. The company expects to use the new capital to accelerate its AI strategy — expanding Agent ...

SAN FRANCISCO, Aug. 19, 2025 /PRNewswire/ -- Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from ...

(Reuters) -Analytics firm Databricks said on Tuesday its valuation was set to jump 61% to more than $100 billion in a funding round less than a year after its last, underscoring strong investor demand ...

The round is backed by existing investors and marks one of the largest late-stage financings in the AI sector this year. Databricks announced that it has signed a term sheet for its Series K funding ...