Sources: Coatue is leading a $3B investment in Databricks that values the data analytics software company at $188B, a 40% increase from its December valuation (Wall Street Journal)

Coatue is leading a multi-billion-dollar investment round in Databricks, which has pushed the data-analytics company’s valuation to $188 billion. This valuation marks a significant increase from its prior level and places Databricks among the highest-valued AI-focused firms. The round underscores continued investor confidence in the company’s growth trajectory.

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