Databricks is reportedly in talks to raise funding at a valuation of more than $130 billion

Data intelligence company Databricks is already reportedly in talks to raise new capital, just a few months after its last fundraising.

Databricks is in talks to raise a funding round that values ​​the company at at least $130 billion, according to Report information. The report added that the company has not signed the term sheet yet.

That would demonstrate a valuation upside of at least 30% above the $100 billion price tag Databricks achieved in its $1 billion Series J funding round in August.

At the time, Ali Ghodsi, co-founder and CEO of Databricks, told TechCrunch that the company had raised the round to Financing two specific projects: A database of AI agents and its AI agent platform.

“The database market is a $105 billion total addressable market, in terms of revenue, and it’s kind of been untouched for the last 40 years,” Ghodsi told TechCrunch at the time. “Here’s the interesting statistic that no one noticed: A year ago, we saw in the data that 30% of databases were not created by humans. For the first time, they were created by AI agents. This year, the statistic was 80%.”

Databricks has purchased an open source database startup Neon for $1 billion in Maywhich was one of the first transactions initiated A wave of consolidation in the database space.

Databricks did not immediately respond to a request for confirmation and more information.