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flag Databricks secures $10 billion in funding, boosting valuation to $62 billion for AI expansion.

flag Databricks, a US data and AI company, has completed a $10 billion Series J funding round, valuing the company at $62 billion. flag Notable investors include Meta Platforms, Qatar Investment Authority, and Temasek. flag The funds will support the development of new AI products, acquisitions, and international expansion. flag Databricks also secured a $5.25 billion credit facility to further its growth.

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