Databricks is discussing a new funding round that could value the company between $165 billion and $175 billion, according to reporting cited by multiple outlets. The talks are attributed to The Information, which says the round could begin within the next month. The discussions imply an increase from Databricks’ most recent funding valuation, which was reported at $134 billion in February. One report notes the proposed range would represent an estimated 23% to 31% rise from that earlier valuation. Another outlet describes Databricks’ broader goal, quoting the company’s chief revenue officer as saying the company is building toward a “trillion-dollar” scale, while also pointing to the timing and purpose of the next funding round. While the exact terms of the proposed raise are not detailed in the cited summaries, the outlets broadly agree on the valuation band ($165 billion to $175 billion) and the fact that negotiations are underway, with the potential start of the round occurring as soon as next month.