Friday, 24 March, 2023

AI startup Databricks raises funds from Microsoft, Google, AWS at $28 bn valuation

<p>Artificial intelligence startup Databricks has raised fresh capital at a $28 bn valuation from Microsoft, Google and Amazon. Databricks develops tech that delivers improved analytics to cloud computing platforms and has over 5,000 customers, of which 40% are Fortune 500 companies. The latest funding round of $1 bn was led by Franklin Templeton, AWS, Google investment arm Capital G and Microsoft, a previous investor.</p> <p>&nbsp;</p>