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Databricks Challenges Palantir in AI Race with $100B Valuation and Agentic AI Push
Databricks Challenges Palantir in AI Race with $100B Valuation and Agentic AI Push
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BTCCSquare news:
Nvidia CEO Jensen Huang's prediction of a multitrillion-dollar agentic AI market is fueling competition between enterprise software rivals. Databricks, now valued at $100 billion after its latest funding round, is aggressively pursuing this opportunity through its new Agent Bricks product—positioning itself as a cost-effective alternative to Palantir's $340 billion behemoth.
The funding injection comes as institutional investors seek AI exposure beyond the "Magnificent Seven" tech giants. Databricks' data warehouse platform and Palantir's data mining systems represent competing visions for enterprise AI implementation, with the former betting heavily on autonomous AI agents to close the valuation gap.
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