26.4 C
New York
Friday, July 26, 2024

Databricks now valued at $43 billion, as AI “land grab” intensifies

Databricks now valued at $43 billion, as AI “land grab” intensifies

By Dan Primack, author of Axios Pro Rata

Databricks has become one of the AI sector’s most valuable companies, this morning announcing over $500 million in new funding at a $43 billion valuation.

Behind the scenes: CEO Ali Ghodsi says the new round was sparked by inbound interest from chipmaker Nvidia, with whom almost every AI company wants a deep relationship.

More here >

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,918FansLike
396,312FollowersFollow
2,300SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x