Databricks has no plans for an immediate IPO
Briefly

Ghodsi expressed the need for stability amid concerns over interest rates and inflation, stating, "It's silly to go public this year, so we're definitely going to wait."
Despite raising $10 billion, Ghodsi is cautious about an immediate IPO, saying, "Going public is much less important today than 10 to 15 years ago... but it's still something the company wants to do."
Ghodsi was surprised by the overwhelming interest in their Series J funding, noting, "I saw an Excel sheet where they kept track... $19 billion in interest, and I almost fell off my chair."
On the timing for an IPO, Ghodsi mentioned, "I’m trying not to schedule an IPO before the 'AI bubble' bursts, as we are in the peak of the AI bubble."
Read at Techzine Global
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