Missed Snowflake’s boom? Databricks’ $100 billion AI leap could be Wall Street’s next jackpot

Databricks $100 billion valuation latest news: For investors who watched Snowflake (SNOW) gain about 26% in 2025 but didn’t invest in it, another data giant may be stepping into the spotlight, as per a report.

Databricks Eyes $100 Billion Valuation Amid AI Growth Surge

Databricks, a key rival to Snowflake in the cloud data and analytics space, is finalizing a new funding round that would value the company at $100 billion, which is a sharp jump from its $62 billion valuation in December, according to Investor’s Business Daily report. That’s more than a 60% increase in just eight months, as per the report.