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Where do you get the $400m figure? Just a couple weeks ago Bloomberg ran an article stating their revenue is >$1B

Yea, with what they charge, I'd be surprised if it was as low as 400 mil. I've seen mid-sized companies with 8-figure Databricks contracts.

I heard Ali the CEO of Databricks speaking on a podcast recently and stated their revenue last year was north of 1B.

Databricks wasn't the one purchased, MosaicML was. Mosaic's last round had a valuation of $136m, so this is a pretty big jump for them.

The Databricks valuation is relevant if any part of the acquisition was paid for in Databricks equity.

Any part? My guess is 100% of it.