Faster global financial news!
Databricks raised $5 billion in a new funding round at a $190 billion valuation, exceeding its initial $1 billion target due to overwhelming investor interest.
svmuu.com13/08/2026 16:16
Complaint Report
Complaint Report
The AI big-data company's CEO Ali Ghodsi told TechCrunch that investors showed $15 billion of interest, prompting the larger raise. The round was led by Coatue, with participation from Blackstone, MGX, T. Rowe Price, and new investor Sixth Street Growth. Ghodsi cited the high costs of AI development, multi-billion dollar cloud commitments, and M&A activities as reasons for seeking capital.
Source：TechCrunch AI频道 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
White House: President Donald Trump signed a National Security Presidential Memorandum authorizing federal law enforcement to use cyber tools to combat transnational cybercrime
-
2
Cream Finance: Offered a bug bounty to an attacker after a flash loan attack in 2021.
-
3
Donald Trump Announces “Complete & Total Endorsement” of John Rutherford for Reelection in Florida’s 5th Congressional District
-
4
SpaceX Passes First Lockup Expiry Test With $500 Billion Rally, Easing Wall Street's Concerns Over Potential Flood of Shares After Aug. 6 Expiry
-
5
US tech giants issue massive debt to fund AI, unexpectedly pushing up credit risk for "safest companies" with no AI connection
-
6
Brazil's largest Bitcoin treasury firm OranjeBTC plans Digital Yield ETF (DIGY11) with 95% allocation to Strategy's STRC
-
7
US government debt nears $40 trillion, with this year's deficit projected at $1.887 trillion and interest payments expected to hit $1.1 trillion.
-
8
SK Hynix is investing $720 billion in South Korea to build the world's largest network of memory factories, aiming to meet surging AI demand.
-
9
US Mortgage Rates Mixed on August 13: 30-Year Fixed Falls to 6.58%, 5/1 ARM Drops to 6.31% Amid Continued Volatility
-
10
South Korean court reportedly sentences Delio CEO Jeong Sang-ho to 15 years in prison for defrauding customers of approximately $49.2 million in crypto assets
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
