Databricks has completed a $5 billion funding round at a $190 billion valuation and is benefitting from the agentic AI wave, according to CNBC.
Key facts
- Databricks completed a $5 billion funding round, according to CNBC.
- CNBC reports the round values the company at $190 billion.
- CNBC reports the company is benefitting from the agentic AI wave.
- The news was reported on 13 August 2026.
Databricks has completed a $5 billion funding round that values the company at $190 billion, according to CNBC. The report was published on 13 August 2026.
CNBC reports that Databricks is benefitting from the agentic AI wave. The source does not provide further detail on what this entails.
Additional details about the participants in the round and the intended use of the funds were not specified in the available source.
Why it matters
According to CNBC, the round is tied to interest in agentic AI. The available source does not provide further detail on the round's participants or broader market implications.
Frequently asked questions
How much did Databricks raise?
According to CNBC, Databricks completed a $5 billion funding round.
What is Databricks valued at?
CNBC reports the round values Databricks at $190 billion.
Why is Databricks growing?
According to CNBC, the company is benefitting from the agentic AI wave.