Databricks CEO says fresh $1B will help him attack a new AI database market

August 19, 2025 Julie Bort

The round, which pushes Databricks' valuation to $100B, was co-led by Insight Partners and Thrive. CEO Ali Ghodsi says he's found an enormous untapped AI agent market to spend the funds.

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Discover how developer tools are shifting fast with Lauri Moore and David Cramer at TechCrunch Disrupt 2025
Discover how developer tools are shifting fast with Lauri Moore and David Cramer at TechCrunch Disrupt 2025

From no-code to AI-assisted dev environments, “vibe coding” is changing how early-stage startups build — an...

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Meta rolls out AI-powered translations to creators globally, starting with English and Spanish
Meta rolls out AI-powered translations to creators globally, starting with English and Spanish

The new feature, which is available in any market where Meta AI is available, allows creators to translate ...