🚨DATABRICKS 📈SOARS TOWARD $100B VALUATION AMID #AI BOOM

🇺🇸San Francisco-based analytics firm Databricks is set to hit a $100B+ valuation, a 61% surge from last year’s $62B, after signing a Series K funding term sheet.

🔹With 15,000 customers—including Shell, Block, and Rivian—the company plans to channel new funds into AI product development and acquisitions.

🔹CEO Ali Ghodsi said global demand for AI apps is fueling unprecedented investor enthusiasm, even as startups delay IPOs.

-Reuters