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Databricks seeks fresh capital at more than $130 billion valuation

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The post Databricks seeks fresh capital at more than $130 billion valuation appeared com. Databricks is reportedly in talks to raise capital at a valuation exceeding $130 billion. The valuation is 30% higher than the data analytics firm’s last financing round in September, where its valuation reached $100 billion. According to a report by The Information on Monday, Databricks has not signed a term sheet with any investment firm. In its previous capital raise, the firm stated that it was on track to achieve $4 billion in annualized revenue. Databricks’ AI products drive its annual revenue higher Scoop: Databricks in talks to raise at above $130B+ valuation, just months after raising above $100B. Money could be used for acquisitions to further compete with Snowflake etc. w/ @amir Katie Roof (@Katie_Roof) November 18, 2025 The company revealed that its annualized revenue will be driven by booming demand for its artificial intelligence products. According to the announcement, Databricks planned to use the proceeds to boost its AI strategy, pursue acquisitions and research, and launch an operational database category. The data analytics firm disclosed that it plans to expand Agent Bricks and invest in its database offering Lakebase. Databricks said Agent Bricks helps build high-quality, production AI agents optimized to a user’s enterprise data, while Lakebase is an operational database (OLTP) built on open source Postgres and optimized for AI agents. “We’re seeing tremendous investor interest because of the momentum behind our AI products, which power the world’s largest businesses and AI services.” -Ali Ghodsi, Co-Founder and CEO of Databricks. Ghodsi also confirmed that every company can securely turn its enterprise data into AI apps and agents. He believes the initiative helps firms grow revenue faster, operate more efficiently, and make smarter decisions with less risk. The company announced in September that it had crossed a $4 billion revenue run rate during Q2, a 50%.

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Vikram Bhatt denies Rs 30-crores fraud allegations, calls Udaipur FIR “misleading”

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Filmmaker Vikram Bhatt has spoken out after an FIR alleging fraud was filed against him in Udaipur. The case, registered at Bhupalpura police station, claims Bhatt and his production company failed to deliver films promised under a multi-project agreement. The filmmaker, however, insists the allegations are based on misinformation. What the FIR ClaimsUdaipur District Superintendent of Police Yogesh Goyal confirmed that Dr. Ajay Murdia filed a complaint accusing Bhatt’s company of taking money for four films and not delivering as per the contract. According to the complaint: A deal was signed to produce four films in memory of Dr. Murdia’s late wife. Money was allegedly paid in advance. Only two films were made, and those were reportedly not credited properly. The film with the highest budget was never started. The police have begun investigating the charges and are reviewing the evidence. Vikram Bhatt Says Police Are “Being Misled”Reacting to the FIR, Bhatt told ANI that he learned about the case through media reports and had not received any official notice. He clarified that, according to what he read, the FIR claims he ran a ₹30 crore scam driven by “greed for Rs 200 crores,” which he firmly denied.“I feel the Rajasthan Police is being misled. I haven’t received a letter, a notice nothing. If the complainant has given such claims, they must have paperwork. Otherwise, police don’t register such cases,” he said. Bhatt Questions the Complainant’s VersionBhatt also challenged the complainant’s statement that they were unfamiliar with the film industry. “If they didn’t understand the industry, why did they start so many films on their own? And why make a third film with me if I supposedly fooled them?”He alleged that production on one of their projects, Viraat, was halted midway due to the company’s own business decisions specifically, an upcoming IPO. According to him, the complainant did not pay technicians involved in the project, causing delays. The Filmmaker Claims He Has DocumentationBhatt said he has email conversations and contracts to support his version of events. “I have been in the industry for so many years and never faced something like this. I don’t understand what this means. Now we will ask them for proof of what they have filed,” he added. The Bhupalpura police continue to examine the complaint, documents, and statements from both sides. Further action will be taken based on what the investigation reveals. Also Read: EXCLUSIVE: Haunted Ghosts Of The Past postponed; Vikram Bhatt reshoots 12 Days in REAL locations after FAN demand; new release set for January 30, 2026; director says, “It has the BEST 3D to date.”.

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USD/CHF falls to near 0.7950 due to US-Swiss tariff deal, SNB steady

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The post USD/CHF falls to near 0. 7950 due to US-Swiss tariff deal, SNB steady appeared com. USD/CHF retraces its recent gains registered in the previous session, trading around 0. 7950 during the Asian hours on Tuesday. The Swiss Franc (CHF) gains against the US Dollar (USD) after Switzerland secured a deal to lower US tariffs to 15%, a significant drop from the 39% rate applied during the Trump administration. The development offers much-needed relief to a country that had been subject to the highest tariff levied on any developed economy. The Swiss Franc (CHF) could find further support on rising expectations that the Swiss National Bank (SNB) will maintain its 0% policy rate in December, supported by forecasts of higher inflation. SNB Vice President Antoine Martin recently reaffirmed the outlook, saying inflation is “expected to increase slightly.” The USD/CHF pair gained ground on Monday as the US Dollar (USD) advanced amid declining US Federal Reserve (Fed) rate cut bets for December. The CME FedWatch Tool suggests that financial markets are now pricing in a 43% chance that the Fed will cut its benchmark overnight borrowing rate by 25 basis points (bps) at its December meeting, down from 62% probability that markets priced a week ago. Federal Reserve Vice Chair Philip Jefferson noted Monday that risks to the labor market now outweigh upside risks to inflation, while stressing that the Fed should proceed “slowly” with any additional rate reductions. However, Fed Governor Christopher Waller said that the US central bank should cut the interest rates when policymakers meet in December. Waller added that he’s grown concerned over the labor market and the sharp slowdown in hiring. Swiss Franc FAQs The Swiss Franc (CHF) is Switzerland’s official currency. It is among the top ten most traded currencies globally, reaching volumes that well exceed the size of the Swiss economy. Its value is determined by the broad market sentiment, the.

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Devendra Fadnavis and Tiger Shroff unite to kick-start Maharashtra’s ‘Maha-Deva’ football revolution

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Deputy Chief Minister Devendra Fadnavis presided over the signing of an MoU between the School Education & Sports Department of Maharashtra and the Maharashtra Institution for Transformation (MITRA), aimed at advancing the state’s Maha-Deva football initiative. Actor Tiger Shroff attended the event to show his support for the programme, which focuses on strengthening grassroots football across the state. The Maha-Deva initiative focused on upgrading sports infrastructure, improving training systems, and identifying young football talent in schools throughout Maharashtra. Tiger Shroff’s involvement added youth appeal and athletic credibility to the government-driven effort, which emphasised discipline, participation, and structured skill development. Tiger’s presence at the MoU signing aligned with his ongoing work in fitness and youth-focused campaigns, reinforcing the programme’s aim to build broader access to sports and a stronger football culture among students. Through this collaboration, the Government of Maharashtra continued to advance its vision of building a more robust football ecosystem, supported by institutional planning and public figures who help motivate young athletes across the state. Also Read: MEGA EXCLUSIVE: Tiger Shroff to headline Neerja director Ram Madhvani and Mahaveer Jain’s grand, SPIRITUAL action thriller designed for a global audience.
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