US EditionDatabricks Is Raising a Series K Investment at $100+ Billion Valuation
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Databricks is raising a Series K Investment at $100+ billion valuation
Databricks, a very active data and AI company, announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at >$100 billion. The company expects to use the new capital to accelerate its AI strategy – expanding Agent […] The post Databricks is raising a Series K Investment at $100+ billion valuation appeared first on StorageNewsletter.
Databricks, a competitor of Snowflake, is finalizing a new round table that would value the software manufacturer to $100 billion, an increase of more than 60% compared to its last round table in December. Thanks to these new capital, Databricks plans to accelerate its strategy in the area of artificial intelligence, developing its AI agents and investing in its new databaseDatabricks is a company specializing in data and...
Data and Artificial Intelligence Databricks announced that it is closing a new round of K Series funding that values it at more than $100,000 million. Financing will come from its existing investors, and will come at a time when Databricks seeks to strengthen its leadership in the business Artificial Intelligence market. Databricks signed a terms sheet for its K Series funding round, which raises its value by 61% compared to its last valuation i…
Databricks Raising Series K at Valuation Above $100 Billion - Fintech Singapore
Databricks, the data and AI company, announced it has signed a term sheet for its Series K funding round, which is expected to close soon with support from existing investors. The round values the company at more than US$100 billion. The proceeds are expected to be used to advance Databricks’ AI strategy, including the development of Agent Bricks, further investment in its new database product Lakebase, and international expansion. At its Data +…
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