Databricks, a leading data analytics and AI platform, is reportedly in discussions to raise new funding at a valuation exceeding $130 billion, The Information said, citing two people familiar with the talks. This would mark a jump of roughly 30% from its last funding round just two months earlier. The company did not comment on the report, and Reuters has not yet independently verified it.

In September, the San Francisco–based firm secured $1 billion in funding at a $100 billion valuation, placing it among the most valuable private companies globally. At that time, Databricks stated it was on track to reach $4 billion in annualized revenue, fueled by strong demand for its AI-driven products. The company said the fresh capital would support its accelerated AI roadmap, new product launches, development of an operational database category and continued investment in AI-focused acquisitions and research.

Founded in 2013, Databricks provides a unified platform for data ingestion, analytics and AI application development. It is widely regarded as a strong future IPO candidate and continues to attract significant investor interest. The company currently serves around 15,000 customers, including major enterprises such as Block, Shell and Rivian.