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Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

Technology · en

Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

TechCrunch · Aug 13, 2026, 8:14 PM UTC

AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.