Get the latest tech news

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


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

None

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of investors

investors

Photo of Databricks

Databricks

Photo of 15B.

15B.

Related news:

News photo

Databricks Raises $5 Billion at a $190 Billion Valuation

News photo

AI Investors Are Suddenly Quaking in Their Boots

News photo

Asian Bank Stocks Rally as Investors Seek Safety From Volatile AI Trade