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Big data and AI company Databricks raises $5 billion in debt financing
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2025-01-14 10:03 1,487
On January 14, The Information reported that AI company Databricks raised $5 billion through debt financing. The funding follows a $10 billion equity round in December. In December last year, big data and artificial intelligence company Databricks announced the completion of a $10 billion Series J round of financing at a valuation of $62 billion. Thrive Capital led the investment, with participation from Andreessen Horowitz, DST Global, GIC Pte Ltd, Insight Partners, WCM Investment Management, etc. cast. Lightspeed Venture Partners also invested $200 million, according to people familiar with the matter.
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