BREAKING: @databricks just signed a term sheet at $188 billion. Ten months ago they were worth $100 billion.
The bet behind the number: the enterprise AI war won't be won by whoever builds the best model. It'll be won by whoever sits between 20,000 customers and every model provider they use.
Full breakdown here: https://www.thestateofai.com/news/end-of-tokenmaxxing-databricks-188b