TechCrunch·3 min read·medium
Databricks hits $188B valuation, extending its run as AI’s favorite second act
J
Julie Bort
✦AI Summary
Databricks has secured a new funding round valuing the company at $188 billion, reinforcing its successful pivot from a big data firm to an AI-focused enterprise. The company has maintained a rapid fundraising pace, leveraging its vast data repositories to integrate AI tools like Lakebase and Unity.
Databricks on Thursday announced a new round of funding that values the company at $188 billion . The round was led by Coatue.
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