‘It’s dumb to IPO this year’: Databricks CEO explains why he’s waiting to go public https://t.co/veYgzo1Rxh
Databricks CEO Ali Ghodsi says we are at "peak AI bubble": "you get billion-dollar valuations on these startups that have nothing, that's a bubble" https://t.co/5Kka37OKBb
Databricks' Ghodsi: "It's peak AI bubble" https://t.co/UXzlIbLLtc




Databricks CEO Ali Ghodsi is set to participate in an interview at the Axios AI Summit, where he is expected to discuss significant developments within the company. Databricks has gained recognition for its innovative applications in various fields, including healthcare, finance, and mental health. Ghodsi recently highlighted the company's role in addressing critical issues such as early disease detection and financial fraud prevention. Battery Ventures has announced a new investment in Databricks, signaling confidence in the company's growth trajectory. Ghodsi also remarked on the current state of the artificial intelligence sector, describing it as being at a 'peak AI bubble,' where startups are achieving high valuations despite limited offerings. He has expressed caution regarding initial public offerings (IPOs), advising against going public in the current market environment.