Snowflake Rival Databricks Raising New Funds At $134 Billion Valuation For AI Startup

BREAKING: 64,000 Jobs Added In November, Jobless Rate Up TooDatabricks is raising a fresh $4 billion at a reported $134 billion valuation, the Wall Street Journal reported Tuesday. The AI-focused data analytics startup is a rival to Snowflake (SNOW), which has seen its stock rally 40% year to date despite a 20% pullback since the start of November. San Francisco-based Databricks told the Wall Street Journal that its annual… 12/03/2025 The market rallied broadly Wednesday, with bullish Tesla and Robinhood moves. Snowflake fell overnight on its earnings outlook. 12/03/2025 The market rallied broadly Wednesday, with bullish Tesla and Robinhood... In the wrong hands, quantum computing could undo cryptocurrency security features. (© Gary Neill)Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20!Get market updates, educational videos, webinars, and stock analysis.Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.Information in Investor’s Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or performance. Authors/presenters may own the stocks they discuss. We make no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies. Information is subject to change without notice. For information on use of our services, please see our Terms of Use.*Real-time prices by Nasdaq Last Sale. Real-time quote and/or trade prices are not sourced from all markets. Ownership data provided by LSEG and Estimate data provided by FactSet.IBD, IBD Digital, IBD Live, IBD Weekly, Investor's Business Daily, Leaderboard, MarketDiem, MarketSurge and other marks are trademarks owned by Investor's Business Daily, LLC.©2025 Investor’s Business Daily, LLC.

All Rights Reserved.