<ul><li>Data and AI company Databricks has announced its Series J funding, raising $10 billion of expected non-dilutive financing and completing $8.6 billion to date.</li><li>The funding, led by Thrive Capital, values Databricks at $62 billion and includes participation from Andreessen Horowitz, DST Global, GIC, and other investors.</li><li>Databricks plans to use the funding for new AI products, acquisitions, and international expansion, as well as providing liquidity for employees.</li><li>The company is expected to achieve positive free cash flow for the first time in the fourth quarter.</li></ul>

Databricks Raises Largest Venture Round in History

Discover more