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Databricks confirms new $100B valuation on $4B ARR

techcrunch.com Julie Bort 2025-10-08 00:33:26

In Brief Just nine months after raising a whopping $10 billion (plus $5 billion in debt) in January, Databricks has confirmed another $1 billion raise at a $100 billion valuation. When rumors of the raise first broke last month, Databricks CEO Ali Ghodsi told TechCrunch that the company is using the funds to invest in its Supabase-competitor database for AI agents. “A year ago, we saw in the data that 30% of the databases were not created by humans,” said Ghodsi. “For the first time, they wer

Topics: ai billion created databricks ghodsi
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Lunar soil machine developed to build bricks using sunlight

news.ycombinator.com Unknown 2025-10-19 23:24:49

Lunar soil machine developed to build bricks using sunlight by Riko Seibo Tokyo, Japan (SPX) Jul 30, 2025 A Chinese research team has created a prototype machine that transforms moon soil into durable construction bricks using solar energy, marking a critical step toward building lunar structures from local materials. Developed by the Deep Space Exploration Laboratory (DSEL) in Hefei, Anhui province, the system functions as a 3D printing device powered by concentrated solar heat. It em

Topics: bricks construction lunar soil solar
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Databricks is raising a Series K Investment at >$100B valuation

news.ycombinator.com Unknown 2025-11-07 23:06:15

SAN FRANCISCO, CA — August 19, 2025 — 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 existing investors. This funding values the company at >$100 billion. The company expects to use the new capital to accelerate its AI strategy — expanding Agent Bricks, investing in its new database offering Lakebase, and fueling global growth. At the June Data + AI Summit, Databricks introduced a new produ

Topics: agents ai company data databricks
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Databricks says it's valued at over $100 billion in latest funding round

cnbc.com Jordan Novet 2025-11-08 22:18:28

Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it's raising a funding round that values the company at over $100 billion. That would make Databricks just the fourth private company to eclipse the $100 billion mark, following SpaceX, ByteDance and OpenAI, according to data from CB Insights. Databricks CEO Ali Ghodsi told CNBC's Brian Sullivan that the total round will exceed $1 billion. The company was last valued by private investors at $62

Topics: billion company databricks investors said
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Databricks CEO says fresh $1B will help him attack a new AI database market

techcrunch.com Julie Bort 2025-11-09 08:48:35

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 the deal tells TechCrunch exclusively the new round is about $1 billion, and was wildly oversubscribed. Databricks, best known for its data analytics products, refrained from selling even more equity because it didn’t need cash for operations after its once record-breaking $10 billion raise at a $

Topics: ai databricks disrupt round techcrunch
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Why most enterprise AI agents never reach production and how Databricks plans to fix it

venturebeat.com Sean Michael Kerner 2026-03-18 13:00:00

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Many enterprise AI agent development efforts never make it to production and it’s not because the technology isn’t ready. The problem, according to Databricks, is that companies are still relying on manual evaluations with a process that’s slow, inconsistent and difficult to scale. Today at the Data + AI Summit, Databricks launched Mosaic

Topics: agent ai data databricks enterprise
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Databricks open-sources declarative ETL framework powering 90% faster pipeline builds

venturebeat.com Shubham Sharma 2026-03-18 16:29:32

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Today, at its annual Data + AI Summit, Databricks announced that it is open-sourcing its core declarative ETL framework as Apache Spark Declarative Pipelines, making it available to the entire Apache Spark community in an upcoming release. Databricks launched the framework as Delta Live Tables (DLT) in 2022 and has since expanded it to he

Topics: data databricks declarative pipelines spark
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