Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

YOU WONT BELIEVE: Ali ghodsi - What They Never Told You

CEO of a $134 billion software giant blasts companies with billions in funding but zero revenue: 'That's clearly a bubble, right… it's, like, insane'

Databricks CEO Ali Ghodsi says he's hearing from venture capitalists "maybe I should just go on a break for, like, six months" to let the bubble simmer.

Databricks CEO Ali Ghodsi on where AI is most bubbly and how the company settled on its $134 billion valuation

On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.

Databricks CEO Ali Ghodsi says his company will be worth $1 trillion by doing these three things

Databricks CEO Ali Ghodsi says his company will be worth $1 trillion by doing these three things

Databricks CEO says AI-powered coding, enterprise agents, and rapid app development could propel it into the trillion-dollar club.

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Nancy Pelosi's Portfolio Keeps Winning—Her Databricks Stake Is Up 302%

Private data analytics firm Databricks could be worth $130 billion in a new funding round. The new valuation would provide a boost to early investors ahead of a potential IPO, including NVIDIA Corporation (NASDAQ:NVDA), Cathie Wood's Ark Invest and former Speaker of the House Nancy Pelosi (D-Calif.).

Nancy Pelosi, Cathie Wood Make Millions On Databricks' New $100 Billion Valuation

Privately held data and AI company Databricks is now worth $100 billion thanks to a new funding round.

Databricks CEO met his founding team during college—he tells Gen Z not to give up on higher education even if employers have

Forget dropping out: These founders say college connections were key to building a $62 billion company.

Databricks just raised $10 billion in one of the biggest venture capital fundings ever

Databricks announced one of the largest venture capital fundings ever, led by Thrive Capital, and is now valued at $62 billion.

inkl

Read news from The Economist, FT, and more,
with one subscription

Databricks Nears $55 Billion Valuation With New Multi-Billion Dollar Funding

Databricks Nears $55 Billion Valuation With New Multi-Billion Dollar Funding

Databricks is raising $5 billion in cash with a $55 billion valuation.

International Business Times

Databricks CEO thinks we’re on the verge of an ‘intelligence revolution’

Databricks CEO thinks we’re on the verge of an ‘intelligence revolution’

The data analytics company is seeing ‘huge demand’ in its business right now, but does not have a timeline for an IPO.

T. Rowe Price, Nvidia, a16z invest in Databricks

T. Rowe Price, Nvidia, a16z invest in Databricks

The $500 million round comes on the heels of a big acquisition for Databricks.

The inside story of how one of the biggest A.I. deals of the year came together, told by the CEOs

The inside story of how one of the biggest A.I. deals of the year came together, told by the CEOs

Databricks was interested in an acquisition—but first MosaicML’s CEO had to be convinced that he wouldn’t be buried in bureaucracy.

How a chance meeting between two A.I. CEOs led to a $1.3 billion deal

How a chance meeting between two A.I. CEOs led to a $1.3 billion deal

A new Fortune report details the story behind Databricks’ acquisition of MosaicML.

A chance meeting between two CEOs ended up sparking one of the biggest A.I. deals of the year.

A chance meeting between two CEOs ended up sparking one of the biggest A.I. deals of the year.

A chance meeting between two CEOs ended up sparking one of the biggest A.I. deals of the year.

Databricks says it’s buying MosaicML in a bid to ‘democratize A.I.’

Databricks says it’s buying MosaicML in a bid to ‘democratize A.I.’

MosaicML’s venture investors aren’t cashing out with the sale, but early backers are on track to make “significant double-digit cash-on-cash returns” when Databricks does exit.

Get all your
news in one place.

100's of premium titles.
One news app.

What is Databricks really worth?

Databricks says it’s cut its internal valuation about 10%—some of its investors haven’t been as forgiving.

Read 2 of Databricks’ pitch decks

The data management startup has raised billions of dollars from a16z and others. Here’s how the team first pitched investors on their cloud-based vision.

How Databricks became an A.I. sensation

Databricks placed a huge bet on the power of machine learning 10 years ago. That’s positioned the company as a rarity in the current market: a stable decacorn.

1

People

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

Intel Corporation

NVIDIA Corporation

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play