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AI · Company

Databricks and AI

Private company · Data and AI platform for enterprises.

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Databricks AI stories

· The Next Web · Funding and deals Enterprise software

Databricks closes a $5 billion round at a $190 billion valuation with revenue run-rate above $7 billion

Data and AI software company Databricks closed a $5 billion funding round at a $190 billion valuation, its second raise of 2026. Coatue led the round, joined by Blackstone, MGX, T. Rowe Price and new investor Sixth Street Growth. The company said its revenue…

Finance angle The round prices privately held Databricks at $190 billion, about 27 times its $7 billion revenue run-rate and 42% above the $134 billion set in February. The $5 billion comes from investors including Coatue, Blackstone and MGX. Databricks competes with listed Snowflake and with the data platforms of Microsoft,…

Databricks
Read the report at The Next Web ↗

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Europe and Asia

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Stories are summarised in our own words from the linked reports; every one credits its publisher. Facts and exposure, never a tip: XDQ Labs is not registered with SEBI, the US SEC, FINRA or any European regulator. US and European share prices are not shown.

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