Databricks Reaches $188B Valuation in Coatue-Led Round as AI Reshapes Its Image
Databricks announced a $188 billion valuation on July 17 in a Coatue-led round, up 40% from $134 billion five months earlier, capping a 19-month period of repeated mega-rounds that has reshaped its identity from big-data analytics platform to AI infrastructure provider.
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