Snowflake could 'rerate' after Databricks' new funding round, Jefferies says

Jefferies says Snowflake (SNOW) could rerate higher after Databricks’ $188B valuation, citing revenue multiples and AI/GPU ...
Morningstar

Databricks’ 40% Valuation Bump Looks ‘Almost Quaint’ Next to Anthropic

When Databricks closes its new funding round, its $188 billion valuation will be a 40% bump over when it last raised capital in February. And that’s restrained compared with its AI industry peers.
Crowdfund Insider

Databricks Secures New Funding at $188 Billion Valuation

Data and AI focused Databricks has signed a term sheet for a significant strategic funding round that values the company at approximately $188 billion. This latest move, expected to close later in the ...
The Information

Databricks Valued at $188 Billion as AI Demand Surges

The AI firm offers a range of proprietary and open source AI models, and it plans to use the funding to purchase additional GPU capacity. Databricks said it is raising new funding led by Coatue ...

I run a $38 billion software company. In 10 years, CEOs who don't understand data and AI won't be eligible for the top job in any industry.

Ali Ghodsi, CEO of Databricks, says aspiring CEOs in any industry must be prepared with some background or working knowledge ...