Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

August 13, 2026 Julie Bort

AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.

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Writer introduces new AI model and upgraded harness to contain token costs
Writer introduces new AI model and upgraded harness to contain token costs

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OpenAI introduces ‘Ultrafast,’ a new mode that makes GPT-5.6 Sol work at 14x the speed
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