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Databricks

Databricks News: Databricks Nears $55 Billion Valuation In New Funding Round

November 27, 2024

Databricks Unicorn News - November 27, 2024

Databricks is on the brink of closing a multibillion-dollar funding round, potentially valuing the company at $55 billion. The funding aims to provide liquidity for employees and reduce the pressure for an immediate IPO, with public offering plans possibly set for next year.

( 00:00:00 ) Introduction

( 00:00:28 ) Databricks Closes in on Multibillion Funding Round at $55 Billion Valuation

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Linqto leverages advanced artificial intelligence (AI) technologies to generate Unicorn News to summarize updates about private companies. The news summaries and audio are both AI generated, based on the source(s) listed.