Ali Ghodsi says Databricks wants to avoid the mistake of 2022, when many newly public tech companies were forced to prioritise Ebitda and margins after interest rates and inflation rose.

Companies such as Databricks, SpaceX and OpenAI have reached mega valuations while staying private for longer.

Databricks, an AI-focused company, has successfully raised $4 billion, pushing its valuation to a staggering $134 billion.

The data-analytics and AI software company is raising over $4 billion and crossed $4.8 billion in annual revenue rate.

The capital infusion will allow the company to advance product development, provide liquidity for employees and support future AI acquisitions.

The CEO of $134 billion software analytics firm Databricks has issued a stark warning about the artificial intelligence ...

On Tuesday, Databricks announced it had raised more than $4 billion at a $134 billion valuation for its Series L.

Databricks just raised $4 billion at a $134 billion valuation, making it one of the most valuable private companies in the ...

Rising interest rates, ballooning AI infrastructure costs, and geopolitical scale are pushing some of Silicon Valley’s ...

Databricks reported crossing a $4.8 billion revenue run-rate during its Q3, growing more than 55% year over year. The company’s Data Warehousing business and AI products each contribute over $1 ...

Databricks recently revealed that it recorded revenue of more than $1 billion in the financial year ended January 31. The company also said it grew more than 60% last year and its data warehousing ...

Databricks is raising over $4 billion in a new funding round that values the software firm at $134 billion, another example of how some tech companies are achieving massive scale without going public.