Databricks, a rapidly growing software company, is nearing a record capital raise of $9.5 billion, which would value the firm at over $60 billion. The company is also in discussions to secure an additional $4.5 billion in debt financing from private credit firms, including Blackstone. This funding round comes as Databricks continues to expand its offerings in artificial intelligence and data analytics, following a valuation of $43 billion in 2023. The capital raise is expected to be finalized next week, with indications that it could be oversubscribed, reflecting strong investor interest in the tech sector.