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Benzinga
Benzinga
Business
Chris Katje

Nancy Pelosi, Cathie Wood Make Millions On Databricks' New $100 Billion Valuation

Databricks Nancy Pelosi Cathie Wood Ali Ghodsi Ark Invest IPO Paul Pelosi
Pelosi.Datebricks.Shuttestock.WOod.ARK

Privately held data and AI company Databricks is now worth $100 billion thanks to a new funding round.

Ahead of a potential IPO in 2025 or 2026, the new funding round makes existing investors such as Rep. Nancy Pelosi (D-Calif.), Cathie Wood and NVIDIA Corp (NASDAQ:NVDA) big winners.

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