💨 Abstract

Databricks, a data intelligence company, has raised over $4 billion in a Series L funding round, valuing it at $134 billion. This is the company's third major fundraise in under a year, focusing on AI products like Lakebase and Agent Bricks. Databricks aims to help enterprises build AI applications using their proprietary data. The company will use the new capital to expand its workforce globally and invest in AI research.

Courtesy: Ram Iyer