💨 Abstract

Thrive Capital is in negotiations to buy a $1 billion stake in analytics software company Databricks, potentially valuing the startup at $55 billion. Thrive is expected to lead a share sale for the company, with the deal details yet to be confirmed by both parties. Last year, Databricks was valued at $43 billion. The company, based in San Francisco, focuses on making corporate data easily accessible and analyzable.

Courtesy: theprint.in

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