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AIX Secures 8% Stake in Databricks in US$5 Billion Raise
9:57am on Tuesday 25th of August, 2026 AEST
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Technology
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AIX Secures 8% Stake in Databricks in US$5 Billion Raise
9:57am on Tuesday 25th of August, 2026 AEST
Key Points
AIX acquires circa 8% of Databricks in US$5 billion capital raise
Databricks valued at US$190 billion with 80% revenue growth year-on-year
Databricks delivers positive free cash flow over past 12 months
Stake aligns with AIX’s strategy targeting category-leading private AI companies
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AI Private Opportunities Trust (ASX:AIX)
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