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Databricks Reportedly Eyes Staggering $175 Billion Valuation Ahead Of Potential 2027 IPO

Benzinga·
Databricks Reportedly Eyes Staggering $175 Billion Valuation Ahead Of Potential 2027 IPO

Databricks is reportedly planning a new funding round within the next month that could value the company between $165-175 billion. CEO Ali Ghodsi indicated the company remains on track for an IPO as early as 2027. The valuation surge reflects intensifying competition in the AI data space, particularly with rival Snowflake, which recently deepened its partnership with Amazon Web Services.

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