Databricks reportedly in talks to raise funding at a $130B+ valuation (techcrunch.com)

Databricks is reportedly in early talks to raise fresh capital at a valuation north of $130 billion — roughly a 30% jump from the $100 billion price tag it reached in a $1 billion Series J in August. The company hasn’t signed a term sheet and has not confirmed the report. The August round was explicitly intended to accelerate two initiatives: a database designed for AI agents and an AI agent platform, signaling the firm’s strategic pivot from general data tooling toward agent-driven AI infrastructure. For the AI/ML community this is notable because it highlights intense investor appetite for infrastructure that supports agentic workflows, real-time data pipelines and model-driven data generation. Databricks CEO Ali Ghodsi has framed the opportunity as a $105 billion database TAM and pointed to a rapid shift in how data is created — claiming AI agents were responsible for 30% of databases last year and 80% this year — underscoring demand for systems that handle dynamic, agent-produced data. If Databricks secures the raise, expect faster product investment in agent-oriented databases, vector/retrieval layers, MLOps and model–data integration, intensifying competition among cloud vendors and startups building the underlying stack for agentic AI.