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Databricks raising mammoth $10B funding round at $62B valuation
- Databricks is raising a $10 billion funding round at a $62 billion valuation.
- Thrive Capital and Andreessen Horowitz are co-leading the funding round.
- Databricks' annualized revenue run rate is set to exceed $3 billion.
- The funds will be used to develop more AI products and expand internationally.
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