Tech
Friday, 7/17, 10:30 PM
Databricks Agrees Funding Round at a $188 Billion Valuation
- Databricks has agreed to raise about $3 billion in a round led by the investment firm Coatue that values the data-and-AI software company at $188 billion, roughly 40% above its valuation from earlier this year.
- The deal, its second of 2026, is another sign that private investors are still paying up hard for exposure to the plumbing of the AI boom.