Databricks is reportedly in early-stage discussions to secure new capital that would place the data intelligence firm at a valuation of at least $130 billion, according to The Information. The company has not signed a term sheet yet. This potential round would represent a valuation increase of roughly 30% compared with its $100 billion valuation from the recent $1 billion Series J round. CEO Ali Ghodsi previously said the funds would support a database for AI agents and an AI agent platform. Databricks also recently acquired open‑source database startup Neon for $1 billion, reflecting its aggressive push into the $105 billion database market and the growing share of AI‑generated databases. Read more →