Wednesday, 22 July 2026 · Europe
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EUROPES The European Report
European Edition Wednesday, 22 July 2026
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Tech & Startups

Databricks’ cofounder just raised $20M to be the Switzerland of AI compute

Databricks’ cofounder just raised $20M to be the Switzerland of AI compute
The Next Web

The company came out of stealth on Tuesday. The founders built it at UC Berkeley, in the same lab that produced Spark, Databricks, and Anyscale. The team includes Zongheng Yang and Databricks co-founders Ion Stoica and Scott Shenker. The star-studded cheque Lux Capital led the $20 million seed, Fortune first reported. Coatue, Amplify, Foundation, Race, […] This story continues at The Next Web

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