Tuesday, 9 June, 2026
Private Tech Boom: Databricks Eyes Massive $175 Billion Valuation in New Funding Talks
By TechShots Studio
Data analytics software firm Databricks is in discussions to kick off a new funding round next month that could value the company between $165 billion and $175 billion. This marks a massive leap from its $134 billion valuation late last year. Driven by soaring AI demand, the firm surpassed a $5.4 billion revenue run rate. CEO Ali Ghodsi privately indicated that Databricks remains IPO-bound, potentially listing in 2027.
Read full story at REUTERS