AI Leader Databricks Secures Massive 10BillionInvestment,BoostingValuationto62 Billion

December 18, 2024 – AI unicorn Databricks has secured a 10billionfundinground,elevatingitsvaluationtoanimpressive62 billion, marking one of the largest venture capital investments in history. According to recent reports, Databricks is on track to achieve positive free cash flow by the end of January 2024, with projections indicating an annualized revenue exceeding 3billionbythattime.Thecompanyfurtheranticipatesreaching3.8 billion in revenue for the…

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