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SF's Databricks Snubs IPO, Signs On for $188 Billion Private Valuation
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SF's Databricks Snubs IPO, Signs On for $188 Billion Private Valuation

Tony Ng
Jul 17, 2026

Databricks signed a term sheet valuing the company at about $188 billion and is choosing another private raise over an immediate IPO. The capital will fuel enterprise AI products and give management more runway to time a public listing.

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