Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now has access to over $7 billion in debt, the person added.
VC-backed companies just had their best year for IPOs since 2021. There are dozens of strong Bay Area contenders for potential IPOs in 2026.
A new report from The Information said Databricks is looking to raise funding at a $130 billion valuation, a 30% increase from the company's $100 billion valuation around two months ago. In September, ...
OpenAI, Anthropic, SpaceX and Stripe are rumoured to be among ten of the biggest companies considering IPOs ...
Mounting capital demands in AI and space are making indefinite private ownership increasingly impractical for mega-scale tech firms. Companies like Anthropic, OpenAI, and SpaceX face structural ...
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