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

The recent funding round has catapulted Databricks to a staggering $100 billion valuation, with Insight Partners and Thrive taking the lead in this financial leap. According to CEO Ali Ghodsi, the company has identified a vast and largely unexplored market for AI agents, where they plan to channel the newly acquired resources. Ghodsi is enthusiastic about the potential this untapped sector holds, positioning Databricks for groundbreaking advancements in artificial intelligence.