NVIDIA-Backed Databricks Secures $500M Funding for Generative AI Expansion
Databricks, a prominent enterprise software company, has successfully completed a $500 million Series I funding round. This financial boost propels the company’s valuation to a whopping $43 billion, with a share price at $73.50. Funding Details and Participants The funding round witnessed leadership from T. Rowe Price Associates and Morgan Stanley’s Counterpoint Global. Joining the … Read more