Databricks Valued at $43B After Closing Series I Funding
Databricks has closed its Series I funding after receiving new investments from AT&T and other strategic partners, placing the company at a $43 billion post-money valuation. The funding will go towards accelerating the development of artificial intelligence technologies, generative AI research and hiring new talent with data science and engineering expertise, the San Francisco, California-based company said Friday.Join the Potomac Officers Club’s 5th Annual AI Summit to hear from the foremost experts in the field. Keynote speakers come from the Pentagon, DARPA, DHS and NGA. Register h...
Source: executivebiz.com