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Databricks raises $5B at $190B valuation after investors pushed for even more
Databricks originally planned to raise $1 billion in its latest funding round, but overwhelming investor demand pushed the final figure to $5 billion at a $190 billion valuation. CEO Ali Ghodsi told TechCrunch that investors wanted to put in as much as $15 billion, and he agreed to take more than planned because AI infrastructure is expensive. The round highlights the intense appetite among investors for leading AI companies.
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