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Databricks Secures $43 Billion Valuation After Series I Funding Round

Databricks Secures $43 Billion Valuation After Series I Funding Round
Databricks Secures $43 Billion Valuation After Series I Funding Round

Databricks, a pivotal player in data and AI, has secured an investment in its Series I funding from a blend of existing backers such as AWS, CapitalG, Microsoft, and fresh participants including AT&T Ventures, QIA, and Sanabil Investments. This injection of funds catapults Databricks' valuation to an impressive $43 billion. The infusion of capital is a nod to the firm's innovative edge and market confidence, with the intent to further empower their platform's capabilities and reach.

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