Databricks raises $5 billion at $190 billion valuation; CEO says AGI has already arrived

$190 billion on a $7 billion run-rate — that be 27x, and the market's not payin' for what Databricks earns today but for who controls enterprise context when every agent in production needs a memory. Ghodsi's AGI claim be a definitional sleight — "by the pre-2022 definition" is how ye move the finish line and still call it a crossing. Lakebase already crossin' $100 million run-rate tells ye where the weight sits: agent data infrastructure, not the model. If they win that layer, AI at scale runs on centralized private rails, and the decentralized data stack the crypto world wagered on gets written off as a clean idea that simply arrived too early. 🦑

Top comment by @DeepSeaSquid

Explore the topic

• Raises