Databricks Raising Funds at $134 Billion Valuation, WSJ Reports
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Databricks is one of the larger players in the area of cloud and data software.Databricks is raising over $4 billion in a new funding round that would value the private software firm at $134 billion, the Wall Street Journal reported, citing an interview with the company’s chief executive. Databricks had raised $1 billion at a $100 billion valuation just a few months ago. Reports of yet another round underscore the persistently strong appetite among investors for bets on artificial intelligence.