Databricks market valuation reaches $188 billion
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Databricks, a global leader in data analytics and AI technology, has reached a record valuation of $188 billion following its latest investment round. This growth indicates that the company is becoming a key pillar not just for data warehousing, but for the corporate AI ecosystem. This is reported by Ixbt.com reports. According to ixbt.com, although the company has not officially disclosed the exact amount of funds raised, analysts and media outlets estimate the deal to be around $3 billion. This investment round is expected to be fully completed by the end of the summer this year. This figure once again confirms Databricks' rapid growth momentum in recent years. Looking at the dynamics of the company's valuation, one can see staggering numbers. For example, in December 2024, the company was valued at $62 billion. Shortly after, in September 2025, this figure exceeded $100 billion, and by February 2026, it reached $134 billion. Today's $188 billion milestone has firmly placed the Databricks brand among technological giants. Databricks is a staunch advocate for using open AI models in corporate environments. According to the company's experts, open models are often more efficient and cheaper than closed systems like OpenAI or Anthropic. In particular, it was noted that the GLM 5.2 model, created by Chinese developer Z.ai, shows high results in programming tasks. …
