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The $500 million round comes on the heels of a big acquisition for Databricks. Databricks, a leading IPO candidate, is valued at $43 billion in new funding round from T. Rowe Price, Nvidia, a16z ...
The IPO market finally loosened up in late 2023 after one of the worst periods for debuts in more than a decade. ... Stripe has been rumored to be on the IPO train for some time. 2. Databricks.
The 2025 IPO market could be the biggest one in 10 years or longer. Here are just eight of them that could be absolutely out-of-the-park home runs. ... Databricks. With a $62 billion valuation ...
Databricks, Inc. is a global data, analytics, and artificial intelligence (AI) company, founded in 2013 by the original creators of Apache Spark. [ 1 ] [ 4 ] The company provides a cloud-based platform to help enterprises build, scale, and govern data and AI, including generative AI and other machine learning models.
Valuation date Exit date Exit reason Exit valuation (US$ 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
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.
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 ...
Databricks raised $10 billion in its latest funding round, which took place in December 2024. That valued the company at $62 billion. The recency of that funding round casts doubt about whether ...
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