Databricks Hits $190B Valuation as CEO Declares AGI Has Arrived

Databricks has secured a $5 billion strategic financing round at a $190 billion post-money valuation, according to an announcement from the enterprise software firm. Cofounder and CEO Ali Ghodsi stated that artificial general intelligence has already arrived by the industry’s pre-2022 definition, even as enterprise adoption remains bottlenecked by a lack of internal organizational context. … Read more