The American artificial intelligence (AI) corporation Databricks has been valued at $62 billion (approximately 89 trillion won), positioning itself as one of the most expensive private corporations in the world.
According to a report by CNBC on the 17th (local time), Databricks recently raised $10 billion (approximately 14 trillion won) in its latest funding round. This funding was led by Thrive Capital, with participation from Andreessen Horowitz, DST Global, and the Government of Singapore Investment Corporation (GIC).
Based in San Francisco, Databricks, a data and AI specialist corporation, is garnering attention for its collaborations with NVIDIA (in June) and a contract utilizing Amazon AI chips (in October). This corporation's value has increased by more than 40% compared to a year ago ($43 billion). Although it falls short of the $157 billion valuation of OpenAI, the developer of ChatGPT, it is still regarded as a global private corporation. The top private corporation in the world is TikTok's parent company ByteDance, valued at $300 billion (approximately 420 trillion won).
Regarding the possibility of an IPO, Databricks CEO Ali Ghodsi said, “We could proceed with an IPO as early as next year,” but indicated that there would be no rush.