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Databricks raises $5B

Databricks raised $5B in equity and $2B in debt at a $134B valuation as AI products and revenue growth accelerate ahead of a potential IPO. DOJ fails to indict in case of Democrats' video about ...
On Monday, Databricks announced it reached a $5.4 billion revenue run rate, growing 65% year-over-year, of which more than $1.4 billion was from its AI products. Co-founder and CEO Ali Ghodsi wanted ...
Company plans to use funds to accelerate AI database, Genie assistant JPMorgan Chase leads $2 billion debt financing Databricks' AI products cross $1.4 billion in annualized revenue Feb 9 (Reuters) - ...