<ul><li>Data and AI company Databricks has raised $10 billion in a funding round led by Thrive Capital.</li><li>The funding round included participation from leading venture capital firms such as Andreessen Horowitz, DST Global, GIC, and others.</li><li>The capital raised will be used for AI product development, strategic acquisitions, international growth, and providing liquidity to employees.</li><li>Databricks aims to exceed a $3 billion annual revenue run rate and achieve positive free cash flow by January 2025.</li></ul>

Databricks Closes The Biggest Venture Round with $10 Billion Funding

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