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SAN FRANCISCO, Aug. 19, 2025 ~ Databricks, a leading Data and AI company, has recently announced that it has secured funding for its Series K round from existing investors. The company expects to close the round soon and the funding is estimated to value the company at over $100 billion.
According to Databricks' co-founder and CEO, Ali Ghodsi, the new capital will be used to accelerate the company's AI strategy. This includes expanding their product Agent Bricks, investing in their new database offering Lakebase, and fueling global growth. The company had recently introduced these products at the June Data + AI Summit. Agent Bricks is a product that helps build high-quality AI agents using enterprise data, while Lakebase is an operational database optimized for AI agents.
The investment will also support future AI acquisitions and further research in the field of AI. Ghodsi expressed his excitement about the investor interest in Databricks due to the success of their AI products. He believes that every company can benefit from turning their data into AI apps and agents to drive revenue growth, increase efficiency, and make smarter decisions with less risk.
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This latest investment comes at a time when Databricks has been experiencing strong momentum. In the past two quarters, they have formed partnerships with major companies such as Microsoft, Google Cloud, Anthropic, SAP, and Palantir. With over 15,000 customers worldwide using their Data Intelligence Platform, Databricks aims to democratize access to data and AI. Their platform is built on open source technology and enables organizations to drive innovation that leads to increased revenue, reduced costs, and minimized risk.
Databricks' success in securing this funding highlights the growing demand for AI apps and agents globally. The company's ability to turn enterprise data into valuable insights has made them a leader in this field. With this new investment, Databricks is well-positioned to continue driving innovation in the world of data and AI.
According to Databricks' co-founder and CEO, Ali Ghodsi, the new capital will be used to accelerate the company's AI strategy. This includes expanding their product Agent Bricks, investing in their new database offering Lakebase, and fueling global growth. The company had recently introduced these products at the June Data + AI Summit. Agent Bricks is a product that helps build high-quality AI agents using enterprise data, while Lakebase is an operational database optimized for AI agents.
The investment will also support future AI acquisitions and further research in the field of AI. Ghodsi expressed his excitement about the investor interest in Databricks due to the success of their AI products. He believes that every company can benefit from turning their data into AI apps and agents to drive revenue growth, increase efficiency, and make smarter decisions with less risk.
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This latest investment comes at a time when Databricks has been experiencing strong momentum. In the past two quarters, they have formed partnerships with major companies such as Microsoft, Google Cloud, Anthropic, SAP, and Palantir. With over 15,000 customers worldwide using their Data Intelligence Platform, Databricks aims to democratize access to data and AI. Their platform is built on open source technology and enables organizations to drive innovation that leads to increased revenue, reduced costs, and minimized risk.
Databricks' success in securing this funding highlights the growing demand for AI apps and agents globally. The company's ability to turn enterprise data into valuable insights has made them a leader in this field. With this new investment, Databricks is well-positioned to continue driving innovation in the world of data and AI.
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