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Databricks Raises $5 Billion to Expand Enterprise AI Agent Platform

Data and artificial intelligence (AI) company Databricks raised $5 billion in a strategic funding round at a $190 billion valuation, the firm said in a Thursday (Aug. 13) press release. The new valuation is up from the $134 billion at which it was valued in a February funding round and the $62...

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Databricks Raises $5 Billion to Expand Enterprise AI Agent Platform

Why it matters: AI News can change capability, routing, cost, or product scope for builders shipping against current model APIs.

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