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Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation. - TechCrunch

Published by TechCrunch By Julie Bort · 13 August 2026 at 23:14
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Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation. - TechCrunch
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What the report says

AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.

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