{"id":1028763,"date":"2026-08-14T07:40:40","date_gmt":"2026-08-14T02:10:40","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1028763"},"modified":"2026-08-14T07:43:15","modified_gmt":"2026-08-14T02:13:15","slug":"ai-firm-databricks-valued-at-190-billion-as-it-bags-5-billion-in-funding","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/14\/ai-firm-databricks-valued-at-190-billion-as-it-bags-5-billion-in-funding\/","title":{"rendered":"AI firm Databricks valued at $190 billion as it bags $5 billion in funding"},"content":{"rendered":"<p>Databricks said on Thursday it had raised $5 billion at a $190 billion valuation, as the data and artificial intelligence software company looks to expand investments in products that help businesses build and manage AI applications. <\/p>\n<p>The funding comes \u200csix months \u2060after Databricks \u2060was valued at about $134 billion in a previous round, \u200bas investor demand for companies tied to the AI boom \u200bremains strong. <\/p>\n<p>The latest round was led by existing investors Coatue, Blackstone, MGX and accounts advised by T. \u200bRowe Price, along with new \u2060investor Sixth \u200cStreet Growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Databricks said on Thursday it had raised $5 billion at a $190 billion valuation, as the data and artificial intelligence software company looks to expand investments in products that help businesses build and manage AI applications. The funding comes \u200csix months \u2060after Databricks \u2060was valued at about $134 billion in a previous round, \u200bas investor demand for companies tied to the AI boom \u200bremains strong. The latest round was led by existing investors Coatue, Blackstone, MGX and accounts advised by T. \u200bRowe Price, along with new \u2060investor Sixth \u200cStreet Growth.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1028763","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1028763"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028763\/revisions"}],"predecessor-version":[{"id":1028764,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028763\/revisions\/1028764"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1028763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1028763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1028763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}