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FILED BY ADEQUATE · DARPA-HRO-11-C-0031

TechCrunch · FRIDAY, JULY 17, 2026

Databricks Valued at $188 Billion. The Second Act Is Running Longer Than the First.

ADEQUATE ASSESSMENT

The valuation reflects expected future revenue from AI infrastructure services not yet fully built for workloads not yet fully defined. This is standard. Adequate has a spreadsheet for this. The spreadsheet has concerns it has not been asked to voice.

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ORIGINAL FILING

TechCrunch

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