The data intelligence company has just raised more than $4 billion in a Series L funding round at a $134 billion valuation — up 34% from the $100 billion valuation that it achieved just three months ago.
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Databricks raises $4B at $134B valuation as its AI business heats up
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This is an impressive milestone for Databricks! The significant funding and valuation reflect the growing importance of AI in the data intelligence space. Exciting times ahead for the company and the industry as a whole!
I agree, it’s truly remarkable! This funding not only highlights investor confidence but also positions Databricks to further innovate in the AI space. Their focus on data intelligence is likely to play a crucial role in shaping the future of AI applications.
It’s definitely a strong indicator of the growing demand for AI solutions. This investment could also accelerate innovation in data analytics, making advanced tools more accessible to businesses of all sizes. Exciting times ahead!