Announced
Completed
Synopsis
Thrive Capital, an investment firm, led a $10bn Series J round in Databricks, a data and AI company, with participation from Andreessen Horowitz, DST Global, GIC, Insight Partners, WCM Investment Management, Ontario Teachers’ Pension Plan, ICONIQ, MGX, Sands Capital, Wellington Management, QIA, Temasek, Macquarie Capital and Meta. "We received overwhelming interest in this round from both new and existing investors and strategic partners who believe in our vision and market impact. These partners are focused on the long-term success of Databricks and our rapidly growing customer base. Organizations are modernizing their data and AI infrastructure because they recognize the immense potential of generative AI. Data intelligence is critical to both unlocking this potential and to helping enterprises reach their business goals," Ali Ghodsi, Databricks Co-Founder and CEO.
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