Databricks hits $188B valuation, extending its run as AI’s favorite second act
Databricks on Thursday announced a new round of funding that values the company at $188 billion. The round…
Revolut and ElevenLabs among first bets from Aspire11’s €100 million capital deployment
Prague-based VC Aspire11 has deployed the first €100 million of its €515 million fund of pension capital into…
Databricks CEO says SaaS isn’t dead, but AI will soon make it irrelevant
On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more…
Databricks raises $4B at $134B valuation as its AI business heats up
The IPO window may have cracked open, but it seems some former startups have no intention of going…
Sources: Naveen Rao’s new AI hardware startup targets $5B valuation with backing from a16z
Naveen Rao, who was formerly the head of artificial intelligence at Databricks, is in talks to raise $1…