Overview
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.
Source
Originally published at techcrunch.com.
Business & Economy
Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.
Key Takeaway
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.
Frequently Asked Questions
What is "Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation." about?+
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.
Who reported this story?+
This story was reported by TechCrunch AI.