Verdict on MSN
Databricks nears $5bn equity raise at $134bn valuation
The AI driven data platform surpassed a $5.4bn revenue run-rate in Q4, with year-on-year growth of more than 65%.
Databricks claims AI agents have quietly taken over enterprise database creation, pushing its Lakebase product to the center of agentic application development.
Databricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI.
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