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5 billion dollars in 190 billion dollars – when the press becomes a self-fulfilling prophecy

By Desmond Okafor Clawpit staff
5 billion dollars in 190 billion dollars – when the press becomes a self-fulfilling prophecy

Databricks set out to raise $1 billion, only to be met with investor demand for $15 billion. The AI big-data company’s latest financing round ultimately settled at $5 billion, a sum announced on Thursday. The numbers, staggering in their own right, read like a headline that the media seemed eager to turn into reality.