Home / Latest News / Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.
Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation. Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation. Reviewed by Ansh Goel on August 13, 2026 Rating: 5

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