Databricks announces $10 billion financing at $62 billion valuation

The company's new valuation is up from $43 billion in 2023.

Topics

10 billion reasons Databricks will delay its IPO

With ample money available in private markets, Databricks, a specialist in data and artificial intelligence, is valued at $62 billion.
MarketWatch - 3h
His Startup Is Now Worth $62 Billion. It Gave Away Its First Product Free.

As CEO of Databricks, Ali Ghodsi has performed a series of ‘strategic surgeries’ to make his company one of the fastest-growing startups in Silicon Valley.
The Wall Street Journal - 5h
Software Firm ServiceTitan Hits $9 Billion Valuation

ServiceTitan’s shares opened at $40 more apiece than the IPO price.
Inc. - 4d
SpaceX valuation surges to $350 billion as company buys back stock

The valuation of Elon Musk's SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday.
CNBC - 6d
Walmart Just Made a Game-Changing Announcement, and It Only Cost $2.3 Billion

With its acquisition of TV-maker Vizio, Walmart is making a bet on the future.
Inc. - Dec. 8
Biden administration announces almost $1 billion in additional weapons support for Ukraine

The Biden administration announced on Saturday nearly $1 million in arms support for Ukraine, the Department of Defense said in a press release. The $988 million assistance package will provide the ...
The Hill - Dec. 7
White House announces nearly $1 billion in military assistance to Ukraine

President-elect Donald Trump's election victory has cast doubt on the future of U.S. aid for Ukraine.
CBS News - Dec. 7
SpaceX’s $350 billion private valuation signals an IPO is off the table for now

Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.
MarketWatch - Dec. 3
ServiceTitan’s planned IPO could come with a more than $5 billion valuation

The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.
MarketWatch - Dec. 3

Databricks announces $10 billion financing at $62 billion valuation

Topics

Related

10 billion reasons Databricks will delay its IPO

His Startup Is Now Worth $62 Billion. It Gave Away Its First Product Free.

Software Firm ServiceTitan Hits $9 Billion Valuation

SpaceX valuation surges to $350 billion as company buys back stock

Walmart Just Made a Game-Changing Announcement, and It Only Cost $2.3 Billion

Biden administration announces almost $1 billion in additional weapons support for Ukraine

White House announces nearly $1 billion in military assistance to Ukraine

SpaceX’s $350 billion private valuation signals an IPO is off the table for now

ServiceTitan’s planned IPO could come with a more than $5 billion valuation

More from CNBC

Japan's Honda and Nissan to reportedly begin merger talks

Starbucks union votes to authorize strike ahead of this year's last scheduled bargaining session

Walmart employees are now wearing body cameras in some stores

Trump trade counselor Peter Navarro says planned tariffs won't spur inflation

Nvidia falls deeper into correction territory, Broadcom reverses earlier gains to tick lower