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Databricks, a prominent player in the artificial intelligence sector, has successfully raised $10 billion in funding, marking the largest funding round of 2024. This substantial investment has propelled the company's valuation to an impressive $62 billion. The funding round reflects the ongoing boom in AI technologies and the increasing market demand for data-driven solutions. This development highlights the growing recognition of user-owned data as a valuable asset class within the global AI economy.
š Data intelligence platform Databricks just hit a whopping $62B valuation after raising a historic $10B. This highlights the skyrocketing value of data - and underscores the huge market opportunity for user-owned data as a new asset class in the global AI economy.ā¦
Generative AI startup Liquid AI has closed a $250 million early-stage funding round, with semiconductor giant AMD leading the investment. #datascience #AI #artificialintelligence https://t.co/rZfGBQgoAr
Databricks raises a cool $10B as the boom in AI models rages on https://t.co/pPGaPAqCPn #AI, #DataScientist, #DataScience, #MachineLearning, #Deeplearning, #ArtificialIntelligence, #NLP, #NoSQL, #IoT, #GenerativeAI, #ChatGPT, #conference, #events, #workshop, #Genai