Databricks News: Databricks Eyes Historic $9.5 Billion VC Funding

Databricks Unicorn News - December 13, 2024

Databricks is nearing a venture capital funding round that could exceed $9.5 billion, potentially valuing the company at over $60 billion. This significant capital influx will be used for stock buybacks and tax costs, reflecting strong investor interest in AI-driven enterprises.

Sources
https://www.channelnewsasia.com/business/exclusive-databricks-nears-record-95-billion-vc-raise-eyes-extra-45-billion-debt-4806246
https://www.investing.com/news/stock-market-news/exclusivedatabricks-nears-record-95-billion-vc-raise-eyes-extra-45-billion-debt-3772163

Outline
(00:00:00) Introduction
(00:00:28) Databricks Nears Record $9.5 Billion VC Raise

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