Databricks is planning reportedly a capital raising that would value the company at US$134 billion (A$204.8 billion)
The 12-year-old data analytics firm is in talks to raise $5 billion, according to media reports.
This would value the cloud-based data and artificial intelligence (AI) platform company at about 32 times this year's forecast sales of about $4.1 billion, Reuters reported in this article.
Reuters quoted a report in technology publication The Information, which in turn cited investor documents and a person familiar with the matter, but could not immediately verify the report.
Founded in 2013, Databricks offers a platform allowing customers including Block and Shell to analyse data and build AI applications.
The company has increased its sales forecasts twice this year and now expects growth of 55% from an initial $3.8 billion, the Information reported.
