Business · 1h ago
Databricks hits $188B valuation on AI pivot
Databricks now commands a $188 billion valuation, cementing its transformation into an AI company. The data analytics firm has published research highlighting cost savings from open-weight AI models for coding. This marks a significant leap from its previous valuation of $43 billion in 2021.
Meridian48 take
The valuation surge reflects investor appetite for AI infrastructure plays, but Databricks must prove it can sustain growth against cloud giants like Microsoft and Google.
Read the full reporting
Databricks hits $188B valuation, extending its run as AI’s favorite second act →
TechCrunch AI
databricksai-valuation