
Databricks has successfully closed a $10 billion Series J funding round, reflecting the company's differentiation in the competitive analytics space. The funding comes as the demand for AI models continues to surge, with Databricks aiming to simplify the use of data and AI for organizations. This move positions Databricks favorably against competitors like AWS and Microsoft, who are also targeting the analytics market. The funding will support Databricks' mission to empower enterprises to fully leverage their data through its innovative lakehouse platform.
Billions Are Flowing Into AI Databricks just announced a jaw-dropping $10 billion Series J funding round. Their goal is simple: Make data and AI easier to use so that organizations can actually put them to work, whether it's for analytics, machine learning, or building smarter… https://t.co/D5EauPrpmV
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[News] Databricks has closed a massive $10B Series J funding round - https://t.co/tccTtlW6Rw

