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Databricks’ $43 billion valuation is up from the last time the company sought capital. In 2021, Databricks collected $1.6 billion in a series H round led by Counterpoint Global. It was valued at ...
Databricks The cloud-based data infrastructure company was valued at $38 billion in 2021, and while that figure was marked down to $31 billion in October 2022, a September 2023 fundraising round ...
That said, he adds, “I don’t think they’re in the same category as OpenAI, xAI, and Databricks.” The problem is, there could be a long wait for those best-in-breed AI companies to go public.
Valuation date Exit date Exit reason Exit valuation (US$ billions) Country Founders Uber: 72 August 2018 [605] May 2019 [606] IPO 82.4 United States Travis Kalanick, Garett Camp: DiDi: 62 July 2019 [607] June 2021 [608] IPO 73 China Cheng Wei: Facebook 50 January 2011 May 2012 [609] IPO 104 United States
Databricks, Inc. is a global data, analytics, and artificial intelligence (AI) company, founded in 2013 by the original creators of Apache Spark. [ 1 ] [ 4 ] The company provides a cloud-based platform to help enterprises build, scale, and govern data and AI, including generative AI and other machine learning models.
The stock market just had a banner year. The S&P 500 (SNPINDEX: ^GSPC) advanced 23% in 2024, marking the second consecutive year its annual return exceeded 20%. The last time the benchmark index ...
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The company is being closely watched as one of the year’s top IPO prospects. And, as Fortune can report exclusively, Databricks is acquiring Einblick, an AI-focused data platform. It’s the ...