AIFinTech Global17m ago
Databento, which offers market data APIs and says it has contracts
Databento, which offers market data APIs and says it has contracts with five of the six largest frontier AI labs, raised a $100M Series C at a $1.1B valuation
TL;DRMarket data startup Databento raised $100M at $1.1B valuation, serving major AI labs.
Why it matters: AI labs' reliance on financial market data signals new infrastructure dependencies in AI development.
Databento, a platform supplying market data to the modern financial industry, has secured $100m in a Series C round that values the business at $1.1bn.
Read full articleSource: FinTech Global · Opens in new tab