Databricks Inc. is in the process of finalizing a funding round that will value it at $118 billion.

Databricks has remade its image into an AI company and has published research on the cost savings of open weight AI models ...

July 16 (Reuters) - Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data ...

Databricks has reached a $188bn valuation in a Coatue-led round, above the $175bn it was in talks to raise at, and still in no rush to go public.

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