Databricks is back in the fundraising spotlight as The Information reports the AI and data-analytics giant is in talks to raise capital at a valuation exceeding $130 billion—a stunning 30% jump from its $100 billion valuation secured just two months ago. The San Francisco–based company declined to comment, and according to the report, no term sheet has been signed yet. Reuters has not independently verified the discussions.
If confirmed, the raise would cement Databricks as one of the most valuable private companies in the world, accelerating its trajectory amid soaring enterprise demand for artificial intelligence infrastructure.
Databricks’ momentum has been undeniable.
In September, the company closed a $1 billion funding round and said it is on track to hit $4 billion in annualized revenue, fueled by rapid adoption of its AI and data platforms. The firm is channeling new capital into scaling its AI strategy, expanding its product suite, building a new operational database category, and intensifying its acquisition and R&D efforts.
Founded in 2013, Databricks provides a unified platform for data ingestion, analytics, and AI application development. Its customer base—now at roughly 15,000 companies—includes global heavyweights such as Block, Shell, and Rivian, underscoring its central role in the next generation of enterprise AI transformation.
With persistent market speculation about a future IPO and growing investor interest, Databricks’ latest valuation talks signal just how aggressively capital continues to chase foundational AI infrastructure players.