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

The sources have been confirmed to Techcrunch that Databricks is closing a new round with a rating of $ 100 billion, the sources were confirmed to Techcrunch, in the process of closing a new round with a rating of $ 100 billion, the sources confirmed to Techcrunch that Databricks is closing a new round with a value of $ 100 billion. The tour was originally reported by the Wall Street Journal.

A source familiar with the Techcrunch deal exclusively tells that the new round is about one billion dollars and has been widely returned. Databricks, who is famous for its data analysis products, has declined to sell more shares because they did not need money money after a record increase of $ 10 billion with a value of $ 62 billion in January, according to the source. (Openai has since crushed the record of $ 40 billion in March.)

The tour was shared by Thrive and one of the first investors of Databrics, Insight Partners, learning Techcrunch. These two companies also led the last round. The company has now raised about 20 billion dollars since its establishment in 2013.

This was a basic tour, which means that it did not include the employees who sell their shares. However, sources close to the company say that Databricks had already had two secondary tour of employees in 2025. These offers allowed employees to sell up to 40 %, 50 % or 60 % of their shares, depending on the size of their property.

In both cases, the source said, that the full funds available for the secondary tour had not reached the maximum, which means that the employees were held on shares more than they could have been selling. Although Databricks is not in a hurry for public subscription, employees have two recent shares.

However, this new round was raised to follow two specific projects-a database for artificial intelligence agents, AI-Corporate Agent platform for Databrics and Executive Director Ali Godsi for Techcrunch in an interview.

The company will invest heavily in its database for artificial intelligence agents, which makes it generally available to all customers. The product, known as LakeBase, was launched in June at the annual technology conference. LakeBase, which relies on the open -source database after postgres, is an institutional degree and supports corporate developers coding projects. This makes a competitor for Spababase.

“The database market is $ 105 billion from Tam [total addressable market]Through revenues, sitting there, somewhat unmatched in the past forty years, Godsi told Techcrunch, with an accurate signal to how Oracle giant databases in the market lock for decades.

“Interesting statistics no one cares about them: a year ago, we saw in the data that 30 % of the databases were not created by humans. For the first time, they were created by artificial intelligence agents. This year, statistics 80 %,” he said, adding that this statistic is expected to increase to 99 % of the new databases during the year.

He said: “There is a new user. The user is not a human being. He is the agent of Amnesty International, and if we only double the success of this user’s personality, this is the sorry to disable that TAM.”

As for how to disperse LakeBase with SuPabase and others already already build a postgres databases for agents, Ghodsi said the key is “detailed account and storage”.

By separating the expensive account from low -cost storage, Databrics can allow users to create many databases. “Because these agents are very fast. They are in a lot of databases, much faster than humans, but you don’t want to bankruptcy because you are doing it,” explained.

The second Databricks data in the project will be invested extensively in the brick of the AI platform agent, which was also launched in June. “Everyone focuses greatly on distraction,” said Godsie. “But this is not what we need in organizations.”

Instead of the geniuses of artificial public mathematics or cancer processing scientists, the companies that they need are agents who can deal reliably, or worldly tasks such as employees on board or answer custom questions about the advantages of human resources.

“I think this is a much greater opportunity, in fact, for global GDP and organizations,” he said. He believes that this focus will give the customer the brick a competitive advantage.

He also raised additional funds so that data data could enter into overfishing wars. He said, “As you know, it is very charged with using the talents of artificial intelligence at the present time,” he said.

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