Published August 13, 2026 at 8:14 PM
TechCrunch
Aug 14, 2026, 6:00 AM
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.
Canonical URL for this story: https://techcrunch.com/2026/08/13/databricks-wanted-to-raise-1b-investors-wanted-15b-it-settled-on-5b-at-a-190b-valuation/