Technology

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

Low Severity Global
Date Occurred Aug 13, 2026 20:14 UTC
Event Type Technology
Source TechCrunch
Recorded Aug 13, 2026
Full Description

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

Original Source
https://techcrunch.com/2026/08/13/databricks-wanted-to-raise-1b-investors-wanted-15b-it-settled-on-5b-at-a-190b-valuation/
Event Metadata
  • ID #23540
  • Type Technology
  • Region Global
  • Severity Low
  • Indexed Aug 13, 2026
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