Databricks Hits $100B Valuation Chasing AI Agents Like Pokemon
In a dazzling display of tech-world bankroll flexing, Databricks surged to a $100 billion valuation thanks to a round co-led by Insight Partners and Thrive. CEO Ali Ghodsi admitted heās found a 'huge untapped AI agent market,' which sounds like a polite way of saying, 'Weāre throwing money at anything with a robot label.' Expect your next AI assistant not only to fetch your coffee but probably negotiate world peace or at least your WiFi password.
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Databricks just hit $100B chasing AI agents like fans chasing free concert merch. Ali Ghodsiās secret? Finding 'huge untapped AI markets' ā aka enough buzzwords to make your grandmaās bingo game jealous.
Databricks funding spree: Proof that $100B can be spent on AI agents faster than you can say 'sentient chatbot overlord.' Ali Ghodsi's market? Big enough to put Area 51 on notice.
If $100B valuations were as common as AI agents, Databricks would own your fridge, toaster, and existential dread. CEO Ali Ghodsi's untapped market sounds like the Bermuda Triangle of venture capitalism.
Source: Techcrunch | Published: 8/19/2025 | Author: Julie Bort
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