The San Francisco-based data analytics company Databricks has raised a stunning $10 billion funding round, which values the company at $62 billion and likely puts it on a path toward an IPO.
Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz ...
On Tuesday, another artificial intelligence start-up, Databricks, announced an even bigger haul: It is set to collect $10 billion in a new funding round, which would value the company at $62 billion.
The Lilac technology can be used for a range of uses cases, Databricks said, from evaluating the output of LLMs to understanding and preparing unstructured datasets for model training. Databricks ...