Search results for Ali Ghodsi
AI & Enterprise
Databricks starts new fundraising talks at $165 to $175 billion valuation
Databricks is discussing a new fundraising round at a valuation of $165 billion to $175 billion, The Information reported on Sunday. The valuation would be up sharply from $134 billion at the end of last year. The new round could begin as soon as within a month and final terms have not been set. CEO Ali Ghodsi called 2026 the worst year to list, Bloomberg TV reported.
AI & Enterprise
Low-cost AI spread could threaten OpenAI, Anthropic IPO plans
The spread of mass-market AI models and companies’ efforts to cut costs could become an obstacle for OpenAI and Anthropic as they pursue IPOs at high valuations. Both are valued at more than $800 billion, but cost efficiency is becoming as important as performance in the enterprise AI market. Companies including Meta, Shopify, Spotify and Pinterest say higher AI and inference costs are squeezing margins.
AI & Enterprise
AI token consumption surge may be inflated
AI token consumption, a key indicator of demand, may be significantly inflated, CNBC reported. As companies increasingly measure AI adoption by token usage, employees may focus on boosting the metric rather than outcomes. Meta and Shopify have built internal leaderboards to track token use. Databricks CEO Ali Ghodsi warned spending can rise without producing results. Anthropic CEO Dario Amodei described planning risks and Anthropic shifted to usage-based pricing.
