Databricks Hits $190B Valuation | Business and Finance News

Databricks just landed a $5 billion funding round, catapulting its valuation to $190 billion — and it’s all about AI agents. Led by Coatue with big names like Blackstone and T. Rowe Price, plus new investor Sixth Street Growth, the cash is fueling explosive growth: $7 billion in annualized revenue, up 80% YoY. Competing head-on with Snowflake, Databricks is positioning itself as a top private company poised for an IPO — right alongside OpenAI and Anthropic — as it scales its AI-powered data platform to reshape how businesses harness artificial intelligence. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/870b7c332c9691a2