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Databricks raises $10 billion, valuation soars to $62 billion, fueled by AI growth prospects.
Databricks, an AI and data analytics company, raised $10 billion in funding, reaching a $62 billion valuation.
This massive round, led by Thrive Capital and involving major investors like Andreessen Horowitz, will fund AI product development, acquisitions, and international expansion.
The company, used by clients like Block and Shell, expects to hit a $3 billion revenue run rate and achieve positive cash flow by January.
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Databricks eleva $10 mil millones, la valoración se eleva a $62 mil millones, impulsado por las perspectivas de crecimiento de la IA.