Databricks has raised $5 billion at a $190 billion valuation as CEO Ali Ghodsi claims AGI already arrived, with the fortune now buried in context the models don't have.

Databricks funding round: Databricks raised $5 billion at a $190 billion valuation after investors offered nearly 15 times ...

Aug 13 (Reuters) - Databricks said on Thursday it had raised $5 billion at a $190 billion valuation, as the data and ...

The company will spend on Lakebase, Genie and Unity AI Gateway, products it ties to enterprise demand for AI agents.

The Coatue-led round gives co-founder Ali Ghodsi more money for AI products and acquisitions—and more freedom to remain private.

Upgrades to Databricks’ Mosaic AI, a deeper collaboration with Nvidia and the open-sourcing of Unity Catalog are among the biggest updates from Summit 2024. Upgrades to Databricks’ Mosaic AI unified ...

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