AI-DATA GIANT MAY SOON BECOME ONE OF THE MOST VALUABLE PRIVATE TECH COMPANIES IN THE WORLD
Databricks is reportedly exploring a new fundraising round that could value the company at $134 billion, reflecting massive demand for AI-driven data infrastructure.
Databricks, one of the world’s leading data-and-AI infrastructure companies, is reportedly in advanced discussions to raise new capital at a valuation of approximately $134 billion, according to sources familiar with the talks. If finalized, the deal would cement Databricks as one of the most valuable private technology firms globally.
The company has benefited from explosive interest in AI and machine-learning systems that require powerful data-processing pipelines. Databricks’ Lakehouse platform has become a go-to tool for enterprises seeking to manage, clean, unify and analyze massive datasets used to train modern AI models.
Investors say the company’s strategic positioning — bridging cloud storage, data analytics and AI-engineered automation — places it at the center of the current technology boom. Demand for scalable AI data infrastructure has grown sharply as corporations accelerate adoption of generative-AI products.
A $134 billion valuation would represent one of the largest jumps in private-company value in recent years, surpassing many public cloud-software companies and narrowing the gap with giants like Nvidia and Snowflake in key vertical markets.
Analysts note that Databricks has avoided the IPO path while pursuing aggressive private fundraising rounds, giving it flexibility to scale rapidly without public-market scrutiny. Still, a valuation of this size intensifies speculation about when — or if — the company will go public.
Neither Databricks nor potential investors have publicly commented on the reported talks. More details may emerge once term sheets are finalized.
