Databricks completed $5 billion in strategic financing with a post-investment valuation of $190 billion

According to Forbes, AID’s Databricks completed $5 billion in strategic financing, Coatue led, Blackstone, MGX, T. Rowe Price joined, with a post-investment valuation of $190 billion. Funds will be used to advance the AI infrastructure layout, product development and M & As. According to the co-founder and CEO Ali Ghodsi of Databricks, the current annualized income performance rate of Databricks exceeds $7 billion, an increase of more than 80 per cent over the same period。