Databricks in Talks to Raise Funds at $43 Billion Valuation

Databricks a cloud-based data analytics company that provides a unified workspace, empowering data engineers, data scientists, and business analysts to collaborate efficiently. With built-in support for popular programming languages like Python, R, and Scala, Databricks simplifies the implementation of complex AI algorithms and workflows. By infusing AI into data analytics, Databricks enables organizations to uncover valuable insights, make data-driven decisions, and gain a competitive edge. 

Databricks is currently engaged in talks with T. Rowe Price regarding a potential new funding round. These discussions are still at a preliminary stage. If the round is successful, it would potentially value Databricks at $43 billion.

Databricks, San Francisco, California, United States, was founded in 2013 by Ali Ghodsi, Andy Konwinski, Ion Stoica, Patrick Wendell, Reynold Xin, Matei Zaharia, and Arsalan Tavakoli. The company also has operations in Canada, the United Kingdom, Netherlands, Singapore, Australia, and many more.

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