Sources: Coatue is leading a $3B investment in Databricks that values the data analytics software company at $188B, a 40% increase from its December valuation (Wall Street Journal)

<a href="https://www.wsj.com/tech/ai/databricks-set-to-hit-188-billion-valuation-with-new-investment-from-coatue-9eda18d6"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260716/i66.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260716/p66#a260716p66" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai/databricks-set-to-hit-188-billion-valuation-with-new-investment-from-coatue-9eda18d6">Sources: Coatue is leading a $3B investment in Databricks that values the data analytics software company at $188B, a 40% increase from its December valuation</a></b></span>&nbsp; &mdash;&nbsp; Startup's valuation jumps 40% as AI boom drives demand for its data-analytics software&nbsp; &mdash;&nbsp; Coatue Management is leading &hellip; </p>