{"id":168633,"date":"2025-12-01T04:18:08","date_gmt":"2025-12-01T04:18:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/168633\/"},"modified":"2025-12-01T04:18:08","modified_gmt":"2025-12-01T04:18:08","slug":"databricks-reportedly-in-talks-to-raise-5b-at-134b-valuation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/168633\/","title":{"rendered":"Databricks reportedly in talks to raise $5B at $134B valuation"},"content":{"rendered":"

Data analytics and artificial intelligence company Databricks Inc.<\/a> is reportedly in talks to raise $5 billion in new funding on a $134 billion valuation.<\/p>\n

The new funding, if it should happen The Information reported today, would come after Databricks previously raised funding on a $100 billion valuation in August<\/a>.<\/p>\n

The valuation of the round is roughly 32 times the company\u2019s expected sales of $4.1 billion next year,\u00a0according to<\/a> Reuters. It comes at a time when enterprise demand for Databricks\u2019 platform continues to grow as organizations expand their use of generative AI, machine learning and real-time analytics.<\/p>\n

Founded in 2013, Databricks offers cloud-based data and artificial intelligence software that gives organizations a unified platform for data engineering, analytics and machine learning.\u00a0The company\u2019s core platform is designed to replace fragmented data stacks with a single environment where data teams can work from raw ingestion through to advanced analytics.<\/p>\n

Databricks\u2019 \u201clakehouse\u201d architecture combines the low-cost storage of data lakes with the performance and management features of traditional data warehouses. The approach allows organizations to store structured and unstructured data in one place while supporting SQL analytics, real-time streaming and large-scale batch processing.<\/p>\n

Besides analytics, Databricks also offers a platform for enterprise AI and machine learning, with tools that support full lifecycle AI development, including feature engineering, model training, evaluation and deployment.<\/p>\n

As noted when Databricks previously raised funding in August, the company has been locked in a duel with rival Snowflake Inc. for supremacy in AI development, but unlike Snowflake, it has resisted pressure to go public.<\/p>\n

If it did eventually go public, the offering would be likely well-received, as long as the current argued AI-driven boom in equity markets doesn\u2019t bust. Best known for its analytics, Databricks\u2019 topline growth is being driven by organizations expanding their use of generative AI and machine learning.<\/p>\n

Though AI may be the key driver of growth at Databricks, it\u2019s also putting pressure on its margins, with the company reportedly having told investors its gross margin is falling faster than anticipated, to 74% compared with an earlier plan for 77%, due to increasing usage of its AI products.<\/p>\n

Databricks has more than 20,000 customers. Notable Databricks customers include OpenAI Group PBC, Block Inc., Shell plc, Siemens AG, Toyota Motor Corp., AT&T Inc., Walgreens Boots Alliance Inc. and Rivian Automotive Inc..<\/p>\n

Coming into the potential new funding, Databricks has previously raised about $15.7 billion over 15 rounds, according to data from Tracxn<\/a>. Investors in the company include Andreessen Horowitz, Insight Partners LP, MGX Capital, Thrive Capital Management, WCM Investment Management, The Blackstone Group Inc., Apollo Global Management Inc., Blue Owl Capital Inc., JPMorgan Chase & Co., Barclays plc, Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley.<\/p>\n

Photo: Robert Hof\/SiliconANGLE<\/p>\n

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE\u2019s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.<\/p>\n

15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
\n11.4k+ theCUBE alumni \u2014 Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.<\/p>\n

About SiliconANGLE Media<\/p>\n

SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE<\/a>, theCUBE Network<\/a>, theCUBE Research<\/a>, CUBE365<\/a>, theCUBE AI<\/a> and theCUBE SuperStudios \u2014 with flagship locations in Silicon Valley and the New York Stock Exchange \u2014 SiliconANGLE Media operates at the intersection of media, technology and AI.<\/p>\n

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.<\/p>\n","protected":false},"excerpt":{"rendered":"Data analytics and artificial intelligence company Databricks Inc. is reportedly in talks to raise $5 billion in new…\n","protected":false},"author":2,"featured_media":168634,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,93508,37894,61,60,13065,80],"class_list":{"0":"post-168633","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-databricks-reportedly-in-talks-to-raise-5b-at-134b-valuation","12":"tag-duncan-riley","13":"tag-ie","14":"tag-ireland","15":"tag-siliconangle","16":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/168633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=168633"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/168633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/168634"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=168633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=168633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=168633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}