Friday, 14 August, 2026
Data & AI Giant Databricks Soars to $190B Valuation in Massive $5B Funding Round
By TechShots Studio
Databricks has secured $5 billion in a new funding round led by Thrive Capital, skyrocketing its valuation to $190 billion. Fueled by rapid enterprise adoption of AI and data intelligence solutions, the data-and-AI platform also surpassed a $7 billion annualized revenue run rate, reinforcing its market dominance alongside tech heavyweights.
Read full story at CIO ECONOMIC TIMES