Databricks News December 5–7, 2025: $134 Billion Valuation Talks, New AI Products and Cloud Partnerships
Databricks is in advanced talks to raise $5 billion at a $134 billion valuation, according to multiple reports. The company expects 2025 revenue of $4.1 billion and over 50% annual growth, but gross margins have slipped to 74% amid heavy AI product use. The rumored valuation is more than 30 times revenue, far above industry peers.