Databricks: Preparing to Raise Funds at a Valuation Over $130 Billion
Databricks is again at the center of investor attention. Reports say the company is in talks to raise new capital at a valuation above $130 billion. This would follow a recent round that valued the firm at more than $100 billion. The story is short, but the implications are wide. Databricks builds tools that help companies turn raw data into AI powered products. Investors are betting that need will keep growing.
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