Aug 13 : Databricks said on Thursday it had closed a $5 billion strategic funding round at a $190 billion valuation as the data and AI software company looks to expand investments in products for AI agents.The round was led by Coatue with participation from Blackstone, MGX, accounts advised by T. Rowe Price A

Databricks has raised $5 billion at a $190 billion valuation as CEO Ali Ghodsi claims AGI already arrived, with the fortune now buried in context the models don't have.

Databricks has raised $5 billion at a $190 billion valuation as CEO Ali Ghodsi claims AGI already arrived, with the fortune now buried in context the models don't have.

Company says investment will 'drive further innovation across Databricks’ AI platform'