News Score: Score the News, Sort the News, Rewrite the Headlines

Databricks obtains $1.8 billion in additional debt ahead of IPO

Databricks co-founder and CEO Ali Ghodsi.DatabricksData analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC. Databricks now sits on over $7 billion in debt, the person added. The company declined to comment.Databricks is among the highly valued technology companies that are primed to go public in 2026, alongside Anthropic, Canva, OpenAI and Stripe. Ali Ghodsi, Databricks' co-founder and CEO, told CNBC in December that he wouldn...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines